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Pearson acquires Intellipro
[April 10, 2009]

Pearson acquires Intellipro


Apr 10, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- Pearson plc, a UK-based education and business information company, has acquired Intellipro, Inc., a US-based interactive content company that develops, markets, and supports software applications and publishing tools for academic, professional, and corporate use.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-04-09 Deal Participants Target (Company) Intellipro, Inc.

Acquirer (Company) Pearson plc Deal Rationale The acquisition would enable Pearson to expand its capabilities for development of personalized learning software.

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