Cengage Group Announces Agreement To Acquire Infosec
01/31/22, 2:30 PM
Location
bostonIndustry
software
education
government and military
media and entertainment
information technology
Cengage Group, a global education technology company serving millions of learners, entered into an agreement to acquire Infosec, a leading cybersecurity education provider, for $190.8 million. With this acquisition, Cengage Group will expand into the cybersecurity professional training market and meaningfully increase the size of its rapidly growing Workforce Skills business. The transaction is expected to close in the first calendar quarter of 2022, subject to the satisfaction of customary closing conditions and regulatory approvals.
Company Info
Location
Boston, Massachusetts, United States
Company info
Cengage Group, a global education technology company serving millions of learners, provides affordable, quality digital products and services that equip students with the skills and competencies needed to be job ready. For more than 100 years, we have enabled the power and joy of learning with trusted, engaging content, and now, integrated digital platforms. We serve the higher education, workforce skills, secondary education, English language teaching and research markets worldwide. Through our scalable technology, including MindTap and Cengage Unlimited, we support all learners who seek to improve their lives and achieve their dreams through education.