Pearson Acquires Lumerit to Grow Accelerated Pathways Business
Pearson has announced the acquisition of Lumerit Education, an ed tech company that uses data analytics to match learners to academic programs and helps them earn the right credits for their desired degree path. Pearson plans to use Lumerit's technology to accelerate the growth of its Accelerated Pathways business, according to a news announcement. Pearson Accelerated Pathways is a managed education services provider that works with employers to align education programs with industry needs.
The Lumerit team will join Pearson's Online Learning Services business and work with the Accelerated Pathways group, contributing expertise in analyzing student learning styles, goals, available time, budget, and other life situations that impact graduation.
"Pearson is committed to making education more affordable and accessible in all phases of life so that anyone with a desire to learn can have the opportunity to obtain the skills necessary to build a successful career," said John Fallon, chief executive officer for Pearson, in a statement. "Lumerit's team has had tremendous success opening doors to education by offering flexible and personalized learning that works no matter if you have a full-time job, are a single parent, are an 18-year old just out of high school, or even a combination of these. We're excited to build on Lumerit's rapid growth to expand opportunities for even more individuals looking to improve their lives through learning."
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Rhea Kelly is editor in chief for Campus Technology, THE Journal, and Spaces4Learning. She can be reached at [email protected].