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The premier digital content delivery and learning platform provider VitalSource has acquired Akademos. This acquisition unites two organizations with the purpose of driving student success, affordability, and impact through next-generation technology and brings together complementary course materials distribution expertise. However, the company did not disclose the amount of the deal.
Akademos, founded in 1999, has been a leader in building technology to create efficient, cost-effective course materials delivery solutions. In addition to their supply chain expertise and EA innovations, their work in analytics and syllabus management capabilities will enable VitalSource to provide a more complete set of capabilities to campus stores and institutions.
Speaking about the acquisition, Chief Executive Officer of VitalSource, Kent Freeman, said:
VitalSource’s goal is to build and provide technology that supports student, campus store, and institutional success. This acquisition accelerates our ability to deliver on that promise by providing more comprehensive services and next-generation tools. Together, we are poised to help even more students and campus stores evolve and thrive in today’s learning environment.
Founded by Kent Freeman, ViralSource Technologies is an education technology solutions provider committed to helping partners create, deliver, and distribute affordable, accessible, and impactful learning experiences worldwide. The company works to partner with thousands of publishers and resellers to deliver learning experiences to millions of active users globally. It’s products and technologies, including the leading learning platform, Bookshelf, are used by more than 18 million learners worldwide every year.
Chief Executive Officer of Akademos, Raj Kaji, said:
At Akademos, our vision is to be the leading software and logistics platform to impact student success through course content positively. This union allows us to accelerate on several dimensions to realize that vision.
Akademos’ customers will continue to receive the top-notch service they are accustomed to and an enhanced ability to serve those customers with an expanded slate of offerings.
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