Cambium Learning Group is Buying Class.com for $4.5 Million

Dallas-based company as more tools to help students

Thursday, Sep 22, 2011  |  Updated 10:36 AM CDT
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Cambium Learning Group is Buying Class.com for $4.5M

Computer were down at New Jersey Motor Vehicle Commission offices for most of the day Monday, the first day they were open on a Monday in more than a year.

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A Dallas-based education company is buying online learning firm Class.com for $4.5 million cash.

Cambium Learning Group announced the deal to buy the Lincoln, Neb., based Class.com on Thursday.

Class.com develops tools and curriculum to help deliver online courses for students in junior high and high school. It has about 30 employees who design and teach the courses.

Cambium CEO Ron Klausner says this deal will help his firm expand in the high school market and add more tools to help struggling students. Cambium is based in Dallas.

The deal is expected to close in October.

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