Thursday, September 22, 2011

Cambium Learning Group Buys Class.com

Dallas-based Cambium Learning Group, which operates educational programs for at-risk and special needs students, said today that it has agreed to purchase the asset sof Class.com, a provider of online learning products. Cambium said it would pay $4.5M in cash for Class.com, which is based in Lincoln, Nebraska. Class.com was founde din 1999, and employs 30. Cambium Learning said that Class.com had revenues of $4.3M in its fiscal year ended September 30, 2010.