Edmentum (original) (raw)

Edmentum is an American online learning provider and owner of Reading Eggs internationally. Founded in 2000 as Archipelago Learning, the company is headquartered in Dallas, Texas, and is a publicly held company with the largest shareholder being Providence Equity Partners, a media focused private equity firm. The company went public in November 2009 under the ticker (Nasdaq: ARCL). On 17 May 2012, Archipelago Learning was acquired by PLATO Learning in an all-cash deal valued at $291 million. As a result, the stock was delisted.