Capella Education (CPLA) Acquires Balance of Sophia Learning
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Capella Education Company (Nasdaq: CPLA), has acquired the remaining interest in Sophia Learning, LLC.
In January 2011, Capella Education Company became a majority investor in Sophia, which provides tens of thousands of free credible academic tutorials in math, science, English and more, taught in a variety of ways.
Sophia launched in public beta in March 2011 and doubled the number of academic tutorials on the site in the first six months. The platform provides tens of thousands of lessons, organized by subject, that are rated for quality and evaluated for academic soundness. The site currently has users from over 170 countries, representing 5,000 schools and universities.
In January 2011, Capella Education Company became a majority investor in Sophia, which provides tens of thousands of free credible academic tutorials in math, science, English and more, taught in a variety of ways.
Sophia launched in public beta in March 2011 and doubled the number of academic tutorials on the site in the first six months. The platform provides tens of thousands of lessons, organized by subject, that are rated for quality and evaluated for academic soundness. The site currently has users from over 170 countries, representing 5,000 schools and universities.
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