The Learning Company

Overview

The Learning Company was acquired by Gores Technology Group in October 2000. A year later, in September 2001, Riverdeep Interactive Learning Limited struck a deal to acquire the education division of The Learning Company from Gores Technology Group for $40 million in stock and $20 million in assumed debt. This gave Riverdeep access to franchises such as Reader Rabbit, Carmen Sandiego, ClueFinders, Oregon Trail, and others. They also acquired the development and distribution resources related to the software, including all established school, OEM, consumer and other customers. The portion that created productivity software, such as video and photo editing products, stayed at Gores, and the division was renamed to its former name: Brøderbund. Riverdeep continued to use the name The Learning Company as a label for its educational products.

Also Known As

• Mattel Interactive (from May 13, 1999 to Sep 05, 2001)
• The Learning Company (from 1980 to May 12, 1999)

Trivia

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Related Web-Sites

• The Learning Company -- The Official homepage
• The Learning Company at Wikipedia -- Featuring a list of the Learning Company's games and it's history.
• TLC's Education Division -- Purchase software and support for all of The Learning Company's educational titles

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