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Media group acquires Alliant International, plans global network

Europe’s largest media group, Germany-based Bertelsmann, has taken a controlling stake in US-based Alliant International University, marking the first step in a long-term strategy that it says will generate €1bn in revenue for the multinational mass media corporation.

Bertelsmann's headquarters in Gütersloh, Germany.

Alliant has more than 3,700 students at 10 campuses in California, Mexico City, Tokyo and Hong Kong

Made through its subsidiary Arist Education System, the investment will give Bertelsmann access to Alliant’s data and research to create a global research and data-sharing network of universities in the health and human sciences sectors.

Alliant, which specialises in psychology, has more than 3,700 students at 10 campuses in California, Mexico City, Tokyo and Hong Kong and will be the flagship institution for the network in the coming years.

“We are comitted to building a network of quality institutions that can deliver innovative teaching and learning opportunities across the Americas”

“Educational institutions have an important responsibility to graduate professionals that will play a crucial role in meeting today’s most pressing healthcare challenges,“ commented Arist executive chairman David Figuli.

“We are committed to building a network of quality institutions that can deliver innovative teaching and learning opportunities for students across the Americas.”

Bertelsmann has been active in the education sector for some time, focussing on e-learning, higher education and education services with a specialist focus on healthcare.

Bertelsmann CEO Rabe called the investment the “second step” in the corporation’s expansion of its education business, after purchasing e-learning business Relias Learning in October last year for $540m.

The company also acquired a stake in US-based e-learning provider Udacity last year.

In the education market, the German media conglomerate faces competition from global players such as Pearson, McGraw Hill and Thomson Reuters.

The sum of the Alliant investment has not been disclosed, but has been described as being in the “mid-double-digit range”, by Reuters.

Bertelsmann CEO Rabe called the investment the “second step” in the corporation’s expansion of its education business

A Bertelmann spokesperson said universities in the Arist system will operate as benefit corporations to ensure they remain “publicly accountable for continuous improvements in student diversity and success, community engagement, employee fulfillment, and financial sustainability”.

“Alliant’s mission is to improve health and wellness for individuals around the world by preparing students for professional careers of service and leadership,” commented Geoffrey Cox, president of Alliant International University.

“Through innovations in student assessment, learning management, and program delivery, we will create learning opportunities that are based in real-world needs and provide students with personalised support,” he added.

 

 

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