Bertelsmann Education Group EDBRIEF 09 2015 EDUKWEST Europe

EDBRIEF: Bertelsmann launches Education Group

Bertelsmann announced that it has combined its education activities into a separate business unit, Bertelsmann Education Group. Kay Krafft leads the unit as CEO, Jarek Gabor serves as CFO.

Bertelsmann Education Group is headquartered in New York and combines Arist Education Systems, Alliant International University, Relias Learning, Synergis Education, its stake in Udacity and Bertelsmann’s shares in the two University Ventures Funds and their investments.

Bertelsmann aims to turn education into the third mainstay of its business, alongside media and services. In the medium term, Bertelsmann plans to generate €1 billion in revenues through Bertelsmann Education Group in three different sectors: higher education, e-learning and services.

Bertelsmann has ramped up its activities in the education sector in recent months, including the acquisition of Relias Learning and investments in Udacity and Affero Lab.

Further Reading

Bertelsmann Education Group: A New Unit Set for the Company’s Education Businesses | Press Release

Link

bertelsmann-education-group.com

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Kay Alexander

Managing Editor at EDUKWEST Europe
Kay Alexander is the Managing Editor of EDUKWEST Europe and Creative Director of Winkler Media.

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