Article: Reed Elsevier's Harcourt Education Group and Riverdeep Form Strategic Alliance to Co-Develop Online Educational Products.

Reed Elsevier Invests $25 Million in Riverdeep Stock

ORLANDO, Fla., Oct. 12 /PRNewswire/ --

Harcourt Education, the US based K-12 education business recently acquired by Reed Elsevier plc, and Riverdeep Group plc., have announced a strategic alliance which will develop interactive online instructional content. The two companies will collaborate on the development of e-basal interactive digital instructional content products to address the emerging market for e-basal content, combining Riverdeep's industry leading on-line curriculum and technology with Harcourt's leadership in K-12 basal publishing and distribution.

In a related transaction, ...

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