Library Technology Guides

Current News Service and Archive


May 4, 2020

Cengage Learning. McGraw-Hill and Cengage jointly agree to terminate planned merger of equals. McGraw-Hill and Cengage announced that they have mutually agreed to terminate their proposed merger of equals, which had been announced in May 2019. The decision was unanimously approved by the Boards of Directors of McGraw-Hill and Cengage. The Termination Agreement foresees no payment of a break fee on either side. [Full Announcement].

Cengage Learning. Cengage reaffirms commitment to student affordability following termination of McGraw-Hill merger agreement. Cengage, an education and technology company, today announced that its merger agreement with McGraw-Hill has been terminated by mutual agreement due to a prolonged regulatory review process and the inability to agree to a divestitures package with the U.S. Department of Justice. In conjunction with the announcement, Cengage reaffirmed its commitment to student affordability and the company's ongoing transformation to digital. [Full Announcement].

May 1, 2019

Cengage Learning. Cengage and McGraw-Hill to Merge, providing students with more affordable access to superior course materials and platforms. McGraw-Hill and Cengage announced that they have entered into a definitive agreement to combine in an all-stock merger on equal terms. The transaction, which has been unanimously approved by the Boards of Directors of both companies, will bring together two premier learning companies that will deliver significant benefits for students, educators, professionals and institutions worldwide. [Full Announcement].

June 5, 2018

Cengage Learning. Cengage selects Chegg to deliver Cengage unlimited’s free rental program. Cengage, an education and technology company, announced that Chegg, the Smarter Way to Student, will manage the free rental program of Cengage Unlimited, beginning in August. [Full Announcement].

February 14, 2018

Gale Group. Corporate Committee for Library Investment issues statement in response to White House 2019 budget proposal. he Corporate Committee for Library Investment (CCLI), an organization of more than 90 U.S. corporations united to support federal library funding, believes that the proposed cuts to the Institute of Museum and Library Services (IMLS) and the Library Services and Technology Act (LSTA) damage critical economic and educational infrastructure. We urge Congress to restore full federal funding for America’s libraries in the FY2019 budget. [Full Announcement].

October 12, 2017

Cengage Learning. Gale and Texas Public Libraries deliver program to give residents access to accredited high school diplomas. Five Texas libraries have partnered with Gale, a leading provider of library resources and a Cengage company, to offer the opportunity to earn an accredited high school diploma and career certificate at public libraries across the state. Qualifying Texas adults can enroll in the Career Online High School program starting today through the following public library systems: Houston, Dallas, Frisco, Grapevine and Sulphur Springs. [Full Announcement].

September 27, 2016

Cengage Learning. Tyton Partners advised WebAssign’s Majority Owner in the Company’s Sale to Cengage Learning. Tyton Partners, the leading provider of investment banking and strategy consulting services to the global knowledge sector, is pleased to announce the acquisition of Advanced Instructional Systems, Inc. d/b/a WebAssign, a Raleigh-based company specializing in digital instructional and courseware technology, by Cengage Learning. The terms of the transaction were not disclosed. [Full Announcement].

Cengage Learning. Cengage Acquires WebAssign, Strengthening Market Position in Science, Technology and Math. Cengage, an education and technology company, announced the acquisition of WebAssign, a leading provider of digital learning solutions for higher education. The acquisition strengthens Cengage’s position as a market leader in science, technology and math offering three unique platforms for faculty and institutions. [Full Announcement].

June 7, 2016

Cengage Learning. Topeka and Shawnee County Public Library named 2016 Library of the Year by Library Journal and Gale. Topeka and Shawnee County Public Library of Topeka, KS has been named the 2016 Library of the Year by Library Journal magazine and Gale, a part of Cengage Learning. The Library of the Year is a prestigious recognition awarded to a library that profoundly demonstrates service to community, creativity, leadership and innovation in developing community programs. The Topeka and Shawnee County Public Library was recognized for ingenuity in bringing library staff, and their knowledge and skills, out from behind library walls and into all areas of community life. [Full Announcement].

October 27, 2015

Cengage Learning. Cengage Learning Acquires Pathbrite's Best-In-Class ePortfolio Solution. Continuing the expansion of its institutional offerings, Cengage Learning today announced the acquisition of Pathbrite's best-in-class ePortfolio solution. Pathbrite enables students to collect, track and showcase their work to demonstrate completion of assignments for graduation, accreditation and job placement. Pathbrite has users at 900 K20 institutions. [Full Announcement].

September 23, 2015

Cengage Learning. Cengage Learning acquires Learning Objects. Cengage Learning announced the acquisition of Learning Objects, a Washington, D.C.-based education technology company. Learning Objects powers innovative, customized and adaptive online learning programs and courses to higher education institutions through its state-of-the-art learning platform and instructional design services. With Learning Objects, institutions are able to quickly create both competency-based and traditional online programs and courses integrating publisher content, open educational resources, faculty content and other ed tech vendors’ tools. [Full Announcement].

Cengage Learning. Cengage Learning introduces National Geographic Learning Book Club for K-8 classrooms. National Geographic Learning, part of Cengage Learning, unveiled the National Geographic Learning Book Club for K-8 classrooms. The book club offers more than 360 titles from the National Geographic Kids collection of best-selling books to support disciplinary learning across science, mythology, history and outer space. [Full Announcement].

April 1, 2015

Cengage Learning. Cengage Learning products named finalists for nine 2015 SIIA CODiE awards. Cengage Learning products have been named finalists for nine 2015 CODiE Awards, presented by the Software and Information Industry Association, the leading association representing the software and digital content industries. The Cengage Learning resources honored serve the K-12, higher education and library markets and include MindTap, National Geographic Learning and Gale library products as well as DEWALT® Mobile Pro. [Full Announcement].

January 28, 2015

Cengage Learning. Public libraries across the U.S. find reinvention and value through innovative education program. Public libraries across the country are finding innovative ways to deliver value to their communities, including presenting high school diplomas to adult residents through Career Online High School, an accredited high school completion and career certificate program. Career Online High School, brought to public libraries by Gale, part of Cengage Learning, is now available at more than a dozen libraries from coast to coast, with several launching this month, and has graduated its first library students. [Full Announcement].

November 18, 2014

Cengage Learning. Cengage Learning names new Chief Financial Officer. John Leahy has been appointed Chief Financial Officer for Cengage Learning, a leading global education company, to lead the Company’s financial management team. Based in Boston, John will lead all financial activity for Cengage Learning and will report to the Chief Executive Officer Michael Hansen as part of the Executive Team, effective December 1st. [Full Announcement].

April 1, 2014

Cengage Learning. Cengage Learning emerges from Chapter 11; completes financial restructuring. Cengage Learning, Inc., a leading global educational content, technology and services company for the higher education and K-12, professional and library markets, announced that it has emerged from Chapter 11, having completed its financial restructuring. [Full Announcement].

July 2, 2013

Cengage Learning. Cengage Learning Reaches Agreement with Lenders to Restructure Balance Sheet and Strengthen Financial Position. Cengage Learning, Inc., a leading educational content, software and services company for the academic, professional and library markets worldwide, announced today an agreement with certain of its lenders to restructure its balance sheet and significantly reduce its approximately $5.8 billion of outstanding debt to better position the Company for long-term growth and profitability. In order to implement the financial restructuring, Cengage Learning and all of its domestic wholly-owned subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Eastern District of New York.In conjunction with the Chapter 11 filing, Cengage Learning entered into a restructuring support agreement with an ad hoc committee of first lien lenders who hold approximately $2 billion of the Company’s first lien debt. In this agreement, the lenders committed to support a restructuring transaction that will eliminate more than $4 billion in debt from Cengage Learning’s balance sheet and position the Company to implement management’s strategic business plan. [Full Announcement].

Cengage Learning. Cengage Learning reaches agreement with Lenders to Restructure Balance Sheet and Strengthen Financial Position. Cengage Learning, Inc., a leading educational content, software and services company for the academic, professional and library markets worldwide, announced today an agreement with certain of its lenders to restructure its balance sheet and significantly reduce its approximately $5.8 billion of outstanding debt to better position the Company for long-term growth and profitability. In order to implement the financial restructuring, Cengage Learning and all of its domestic wholly-owned subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Eastern District of New York. [Full Announcement].

May 29, 2013

Cengage Learning. First Gale-Smithsonian Collections come to libraries worldwide. Gale, part of Cengage Learning and a leading publisher of research and reference resources for libraries, schools and businesses, today announced the availability of Air & Space and Smithsonian Magazine Archive, the first resource in the line of Gale - Smithsonian Institution collections. Launched as part of a partnership agreement announced earlier this year, the new archive will include the complete back files of both magazines as well as Gale’s advanced research tools, and will support cross-curricular and interdisciplinary studies in schools and in academic spaces. [Full Announcement].

February 28, 2013

Cengage Learning. Cengage Learning launches partnership with the Smithsonian Institution to bring Smithsonian treasures into the library and academic space. Gale, part of Cengage Learning and a leading publisher of research and reference resources for libraries, schools and businesses, and the Smithsonian Institution announced a licensing agreement to distribute Smithsonian assets into the library and academic space. [Full Announcement].

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