Ingram Buys Digital Textbook Distributor CourseSmart

Ingram 3405811164_d49a982c6e_m[1]Content Group announced on Monday that they had acquired one of their competitors.CourseSmart, a company which had been founded in 2007 to provide teachers with digital course materials, is going to be merged with Vital Source Technologies, Ingram's digital textbook wing.

CourseSmart is one of the leading digital textbook providers for students, and they stock over 40,000 titles. Their next largest competitor, with 4 million users, was Vital Source.

There's no word of the sale price, but I have been told that CourseSmart has been up for sale for a couple years now. It was owned by a consortium of textbook publishers, and they've been keeping it going by pumping money into it year after year. They almost sold it to Kno last year, but that startup would not have been able to shoulder the obligations or the debt load. And then Kno went bankrupt, putting the kibosh on the deal.

CourseSmart’s strengths in inventory, instructor sampling and analytics will be integrated with Vital Source’s reader platform and global, scalable distribution network. By combining the two organizations, Vital Source will offer the world’s largest digital curricula catalog and provide better digital content solutions for the higher education community.

image by Ed Yourdon

About Nate Hoffelder (11579 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

3 Comments on Ingram Buys Digital Textbook Distributor CourseSmart

  1. So, its a stampede to the educational market, huh?
    Going to get real crowded real fast…

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