The company’s co-founder said in a statement that it has learned lessons through a turbulent period, but that he sees the potential for growth ahead.
A Missouri district is looking for nutrition services software, and Chicago Public Schools seeks an accounts payable system upgrade.
Pearson’s CEO said the company will take “radical action” to correct big losses in the higher education market.
The global learning company will lose 3 to 4 percent market share as a result of the decision to enhance its existing reading program for California, rather than redo it.
Atlanta’s school system is looking for a vendor to inventory its assets; another Georgia system wants a major tech upgrade of its transportation system.
The global education company reported revenues that were down for the first quarter, but shareholders rejected a challenge to the company’s business strategy brought by a union affiliate.
Pearson said its performance has taken hits recently because of shifts in the international market, and it will increase its focus on adaptive products and online and blended learning.
The fast-growing LMS provider is the latest ed-tech company to announce an initial public offering, but it has yet to post a profit.
Apple, believed to be the dominant provider of tablets in the K-12, also says it is selling millions of iPads into the worldwide market.
A federal lawsuit alleges that the online education provider K12 Inc. misled investors, and says that the company’s former CEO benefited by selling off stock before the company’s stock price fell.
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