SaaS provider acquires ELL publisher

Archipelago Learning, subscription-based, software-as-a-service (SaaS) provider of education products, today announced that it has acquired Houston-based Alloy Multimedia, publisher of ESL ReadingSmart, an online, standards-based program for English language learners (ELL), for $2.0 million in cash
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Archipelago Learning, a subscription-based, software-as-a-service (SaaS) provider of education products, today announced that it has acquired Houston-based Alloy Multimedia, publisher of ESL ReadingSmart, an online, standards-based program for English language learners (ELL), for $2.0 million in cash, and the founder will receive a royalty onfuture net sales of ESL ReadingSmart.

Launched in 2002, Alloy Multimedia publishes ESL ReadingSmart, an online, standards-based program for English language learners targeted toward grades 4-12. The product offers individualized, content-based instruction to develop English language proficiency with emphasis on literacy and academic language development for newcomers, beginners, intermediate, early advanced, and advanced English learners.

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Archipelago Learning acquires Alloy Multimedia

 Archipelago Learning, a subscription-based, software-as-a-service (SaaS) provider of education products, today announced that it has acquired Houston-based Alloy Multimedia, publisher of ESL ReadingSmart, an online, standards-based program for English language learners

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