TC Media Expands its Digital Educational Offering with the Acquisition of Scolab
Transcontinental Inc. (TSX: TCL.A TCL.B) announces today the acquisition by TC Media of Scolab Inc., a leader in the development of digital educational products. Scolab is known for Netmath, distributed in Canada in French and English, and Buzzmath, distributed in the United States. These products are used by thousands of students and teachers across North America.
“Scolab is a visionary, innovative and dynamic company”, said Patrick Lutzy, President of TC Media. “This strategic acquisition enhances TC Media Books’ already strong digital offering. The co-existence of digital with print is essential today in our industry, and we are proud of our leadership in this area. This new step forward expands and diversifies our offering of digital educational products for the elementary and secondary levels.”
Carl Malartre, Scolab’s co-founder and CEO added: “We are pleased to join forces with TC Media Books. This combination will allow us to better achieve our mission of offering engaging and meaningful digital content to support the progress and success of students.”
https://tctranscontinental.com/en-us/company-overview/news-room/press-releases/tc-media-expands-its-digital-educational-offering-with