Via News Release
“Harland Clarke Holdings Corp., the parent company of Scantron Corporation, today [December 16th] announced that Scantron has signed a definitive agreement to acquire GlobalScholar, a privately-held education technology company.
GlobalScholar’s technology solutions are marketed under the “Pinnacle” brand and are designed to manage the entire cycle of learning for K-12 students, teachers, parents and education administrators. The acquisition of GlobalScholar furthers Scantron’s rapid expansion of web-based education solutions.”
Founded in 1972 and headquartered in the city of Eagan, Scantron has an estimated 82 local and 1,100 total employees located across six U.S. facilities. In July, 2010, the company acquired Spectrum K12 School Solutions. Bellevue, Washingon-based GlobalScholar maintains offices in Greeley and Lakewood, Colorado as well as India. The terms of the transaction have yet to be disclosed.