definition of Wikipedia
|Parent company||Pearson PLC|
|Country of origin||United States|
|Headquarters location||Upper Saddle River, New Jersey|
|Number of employees||40,000 (2009)|
Pearson is the world’s leading education publishing and technology company, providing educational materials, technologies and assessments to teachers and students of all ages. Pearson is part of Pearson PLC, which is headquartered in London, UK, and also owns Penguin Books and the Financial Times.
It was created in 1998 when Pearson PLC purchased the education division of Simon & Schuster from Viacom and merged it with its own education division, Addison–Wesley Longman to form Pearson Education. Pearson Education was rebranded to Pearson in 2011 and separated into Pearson International and Pearson North America.
Though Pearson generate approximately 60% of its sales in North America, they operate in more than 70 countries. Pearson publish across the curriculum under a range of respected imprints including Financial Times Press, BBC Active, Scott Foresman, Prentice Hall, Addison-Wesley, Pearson and Benjamin Cummings.
Pearson are also a leading provider of electronic learning programmes and of test development, processing and scoring services to educational institutions, corporations and professional bodies around the world.
Pearson International is head-quartered in London, UK with offices across Europe, Asia and South America.
Pearson has partnered with five other higher-education publishers to create CourseSmart, a company developed to sell college textbooks in eTextbook format on a common platform. In 2010, Pearson agreed to a 5 year, $32 million, contract with the New York State Department of Education to design tests for students in grades 4-8.
Pearson operates globally and has a range of competitors, both worldwide and in each country in which it operates. In the United States, its main K-12 competitors include Houghton Mifflin Harcourt, a subsidiary of EMPG; and McGraw Hill Education, a division of the McGraw Hill Companies, Inc. International competitors include Macmillan Education, a division of Georg von Holtzbrinck GmbH; and the Houghton affiliate EMPGI.
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