Space Industry and Business News  
INTERNET SPACE
News Corp. buys education technology company

by Staff Writers
Washington (AFP) Nov 22, 2010
News Corp. said Monday that it had agreed to acquire 90 percent of education technology company Wireless Generation for 360 million dollars in cash.

"Wireless Generation is at the forefront of individualized, technology-based learning that is poised to revolutionize public education for a new generation of students," News Corp. chairman and chief executive Rupert Murdoch said.

Education of children aged five through 18 is a "500-billion-dollar sector in the US alone that is waiting desperately to be transformed by big breakthroughs that extend the reach of great teaching," he said in a statement.

Established in 2000, Wireless Generation is a privately-held New York-based company serving more than 200,000 teachers and three million students across all 50 US states.

News Corp. said it provides mobile and Web software, data systems and professional services that enable teachers to use data to assess student progress and deliver individualized instruction.

Wireless Generation, which has 400 employees, will become a News Corp. subsidiary and will be managed by its founder and chief executive, Larry Berger, News Corp. said.

Berger, Wireless Generation president and chief operating officer Josh Reibel, and its executive vice president and chief product officer Laurence Holt will collectively retain a 10 percent interest in the company, it said.

The purchase of Wireless Generation comes less than two weeks after Joel Klein resigned as chancellor of the New York City school system to join News Corp. as an executive vice president.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Satellite-based Internet technologies



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


INTERNET SPACE
China Internet firms made to apologise over feud
Beijing (AFP) Nov 22, 2010
Two of China's leading Internet firms have been forced by the government to issue public apologies over a nasty spat marked by accusations of unfair market practices and privacy infringement. Tencent, parent company of the popular instant messaging service QQ, and security software developer Qihoo 360 issued the apologies late Sunday after being ordered to do so by the Ministry of Industry a ... read more







INTERNET SPACE
Thales announces venture for Chinese in-flight systems

News Corp. set to unveil iPad newspaper, 'The Daily'

FASTRAC Team Ready To Enjoy Launch

Amazon lets gift-givers send Kindle books by email

INTERNET SPACE
Codan Receives JITC Certification For 2110 HF Manpack

Northrop Grumman Bids for Marine Corps Common Aviation CnC

DSP Satellite System Celebrates 40 Years

ManTech Awarded US Army Contract To Provide ECCS In Afghanistan

INTERNET SPACE
Ukraine Delivers Taurus II Launch Vehicle's First Stage To US

Ball Aerospace's First Standard Interface Vehicle Set To Launch

ILS Proton Launches Lightsquared Satellite

Russia Launches Advanced US Telecom Satellite

INTERNET SPACE
New Simulator Offers Ability To Record And Replay GLONASS And GPS

Russia To Launch New Generation Satellite In 2013

SkyTraq Introduces New GLONASS/GPS Receiver

SES To Contribute To Galileo Operations

INTERNET SPACE
'Very rare' oxygen bottle blast holed Qantas jet: probe

India approves new airport for Mumbai

Airbus CEO takes dive as A380 has issues

Air China announces 4.49 billion-dollar Airbus deal

INTERNET SPACE
Chaogates Hold Promise For The Semiconductor Industry

Caltech Physicists Demonstrate A Four-Fold Quantum Memory

Building A Racetrack Memory

Microsoft sues Motorola over 'excessive' royalty demands

INTERNET SPACE
Art on planetary scale shines spotlight on climate change

Google agrees to delete Street View data in Britain

Eruption At Mount Merapi

Flooding In Pakistan

INTERNET SPACE
Hungary promises full compensation for toxic mud victims

Victims of Hungarian toxic spill to hold off protest

Saudi faces daunting task of post-hajj cleanup

Listening For Ocean Spills And Their Ecological Effects


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement