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Cengage Group is an American
educational Education is the process of facilitating learning Learning is the process of acquiring new understanding, knowledge, behaviors, skills, value (personal and cultural), values, attitudes, and preferences. The ability to learn is possessed ...
content, technology, and services company for the
higher education Higher education is tertiary education Tertiary education, also referred to as third-level, third-stage or post-secondary education, is the education Education is the process of facilitating learning, or the acquisition of knowledge ...
,
K-12 K-1 is a martial arts Martial arts are codified systems and traditions of combat Combat (French language, French for ''fight'') is a purposeful violence, violent conflict meant to physically harm or kill the opposition. Combat may be armed ( ...

K-12
, professional, and library markets. It operates in more than 20 countries around the world.(Jun 27, 2014
Global Publishing Leaders 2014: Cengage
publishersweekly.com
Company Info - Wall Street Journal
Cengage Learning
Company Overview of Cengage Learning, Inc.
BloombergBusiness


Company information

The company is headquartered in Boston, Massachusetts, and has approximately 5,000 employees worldwide across nearly 38 countries. It was headquartered at its Stamford, Connecticut office until April 2014.
Gale A gale is a strong wind, typically used as a descriptor in nautical Seamanship is the art Art is a diverse range of (products of) human activities involving creative imagination to express technical proficiency, beauty, emotional pow ...
is Cengage's library reference arm and specializes in e-research and educational publishing for libraries, schools and businesses. The company creates and maintains databases that are published online, in print, as e-books and in microform.


Cengage Unlimited

On December 5, 2017, Cengage announced Cengage Unlimited, a subscription service that allows students to pay for access to the company's entire digital higher education catalog by the semester or year, rather than buying individual textbooks. This service became available during summer 2018, and was reported to be "in line with expectations" with its initial sales goal. The
University of Missouri The University of Missouri (Mizzou, MU, or Missouri) is a public university, public Land-grant university, land-grant research university in Columbia, Missouri. It is Missouri's largest university and the flagship of the four-campus Universit ...

University of Missouri
is the first university to offer this plan to all students, effective January 2019.


History

International Thomson Publishing International Thomson Organization (ITO) was a holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or ...
entered the publishing business by buying Wadsworth Publishing in 1979. In 1981, International Thomson purchased the publishing operations of
Litton Industries Litton Industries was a large defense contractor in the United States The United States of America (USA), commonly known as the United States (U.S. or US), or America, is a country Contiguous United States, primarily located in North Ameri ...
, including Van Nostrand Reinhold and Delmar. International Thomson acquired reference publisher
Gale Research Gale is an educational publishing Publishing is the activity of making information, literature, music, software and other content available to the public for sale or for free. Traditionally, the term refers to the distribution of printed works ...
in 1985. International Thomson acquired South-Western Publishing from SFN in 1986. In 1992, Thomson acquired Course Technology. In 1995, Thomson acquired educational reference publisher
Peterson's Peterson's, founded in 1966, is an American company that has a wide range of live, print, and online products and services, including test preparation, career exploration tools, memory retention techniques, professional writing services, and scho ...
. In 1997, Van Nostrand Reinhold was sold to
John Wiley & Son John Wiley & Sons, Inc., commonly known as Wiley (), is an American multinational publishing company founded in 1807 that focuses on academic publishing and instructional materials. The company produces books, journals, and encyclopedias, in ...
. In 2000, Thomson Learning was created out of a restructuring of International Thomson Publishing. Later that year Thomson acquired the higher education title of Harcourt from
Reed Elsevier RELX (pronounced "Rel-ex", sometimes written RElX) is a British-Dutch multinational Multinational may refer to: * Multinational corporation, a corporate organization operating in multiple countries * Multinational force, a military body from mu ...
, and the test prep publisher Arco from
IDG Books International Data Group, Inc. (IDG) is an American media, events and research company headquartered in Needham, Massachusetts focused on the tech landscape. It is a wholly owned subsidiary of Chinese investment company China Oceanwide Holdings Gr ...
. In 2002, Wadsworth acquired F.E. Peacock Publishers. It was announced on October 25, 2006 that Thomson Learning would be offered for sale by the
Thomson Corporation The Thomson Corporation was one of the world's largest information companies. It was established in 1989 following a merger between International Thomson Organisation International Thomson Organization (ITO) was a company that existed from 1978 ...
, with an estimated value of up to US$5 billion. The company was bought by a private equity consortium consisting of
Apax Partners Apax Partners LLP is a British private equity Private equity (PE) typically refers to investment funds, generally organized as limited partnerships, that buy and restructure companies that are not publicly traded. Private equity is a type of ...
and
OMERS Capital Partners OMERS is a Canadian public pension fund, headquartered in Toronto, Ontario, Canada. OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by provincial to administer retirement benefits and manage pe ...
for US$7.75 billion, and the name was changed to Cengage Learning on 24 July 2007. In 2007, Cengage Learning sold Peterson's to
Nelnet Nelnet, Inc., is a United States-based conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a productio ...
. In 2011, Cengage Learning acquired the National Geographic Society's school publishing unit, and combined this school business with the Global ELT business to create and launch the National Geographic Learning brand. The global brand combined the former Cengage Learning ELT and National Geographic School Publishing imprints and sub-brands under one unified identity.Jinks, Beth (June 24, 2011
Apax's Cengage Buying National Geographic's School Publisher
Bloomberg.com
In September 2013, David Shaffer retired as chairman of the company. He had previously been executive vice president of The Thomson Corporation from 2005 to 2006, and then President and CEO of both Thomson Publishing International and Thomson Learning. The company had acquired a large amount of debt through the course of its initial buyout and subsequent acquisitions, and had seen declining revenue through a shrinking market for paper textbooks. Cengage Learning filed for bankruptcy under Chapter 11 on July 2, 2013.Howard, Jennifer (July 3, 2013
Publisher's Bankruptcy Filing Comes as Market for Print Textbooks Shrinks
The Chronicle of Higher Education
Cengage Learning emerged from bankruptcy on April 1, 2014, eliminating approximately $4 billion of its funded debt and securing $1.75 billion in exit financing. Post-bankruptcy, the company decided to focus on developing digital study guides and other educational supplements, as well as hard-copy textbooks. The company moved its headquarters from
Stamford, Connecticut Stamford () is a city in the U.S. state In the , a state is a , of which there are currently 50. Bound together in a , each state holds al jurisdiction over a separate and defined geographic territory where it shares its with the . Du ...
to Boston. In January 2015, they announced expansion of their LearnLaunch Accelerator program, which provides seed funding and intensive coaching to promising startups, to the
University of Chihuahua , mottoeng = Strive to achieve, achieve to give , established = 8 December 1954 , type = Public university , rector = Luis Alberto Fierro Ramírez , faculty = , staff = , studen ...
in Mexico. In November 2016, Cengage Learning rebranded as simply Cengage. In May 2019, Cengage announced its potential merger with another major publisher,
McGraw-Hill Education McGraw Hill is an American learning company and one of the "big three" educational publishers that provides customized educational content, software, and services for pre-K Pre-kindergarten (also called Pre-K or PK) is a voluntary classroom ...
, thereby creating a duopoly with Pearson in the market and would have used McGraw-Hill as the merged corporate name with Michael Hansen as CEO. It is estimated Cengage has 24% of the market while McGraw-Hill has 21%, Pearson, the current market leader, has about 40 percent of the market and Wiley has about 7 percent. The merger was called off on 1 May 2020. In August 2021, Cengage rebranded as Cengage Group.


Acquisitions

In addition to organic growth, Cengage has expanded through acquisitions within the publishing industry. Notable acquisitions include:


Brands/imprints

The company's product lines include 4LTR Press, Aplia, Cengage Learning PTR, Chilton, Education To Go,
Gale A gale is a strong wind, typically used as a descriptor in nautical Seamanship is the art Art is a diverse range of (products of) human activities involving creative imagination to express technical proficiency, beauty, emotional pow ...
, Milady, MindTap, and National Geographic Learning. Since 2015, South-Western products have been branded as Cengage Learning."There’s a new way to find South-Western titles"
, Cengage Learning. Retrieved April 8, 2017.
Cengage Unlimited, a SaaS solution, launched on August 1, 2018. (Aug 04, 2018
eLearning Inside News: Cengage


Rankings

In 2016, based on its 2015 revenues, ''
Publishers Weekly ''Publishers Weekly'' (''PW'') is an American weekly trade news magazine '' 2512'', a monthly news magazine published in Réunion. A news magazine is a typed, printed, and published magazine, radio or television program, usually published wee ...
'' ranked the company 14 out of 57 publishers worldwide, a decline of three slots from the previous year. The list includes both trade and educational publishers."The World's 57 Largest Book Publishers, 2015"
''publishersweekly''.com. Jun 26, 2015. Retrieved 2015-09-07.


See also

*
Books in the United States As of 2018, several firms in the United States The United States of America (USA), commonly known as the United States (U.S. or US), or America, is a country Contiguous United States, primarily located in North America. It consists of 50 U. ...


References


External links

*
National Geographic Learning, part of Cengage Learning

ed2go, part of Cengage Learning
{{Authority control American companies established in 2007 Book publishing companies based in Massachusetts Educational publishing companies of the United States Textbook publishing companies Companies based in Boston Education companies established in 2007 Publishing companies established in 2007 2007 establishments in Massachusetts Privately held companies based in Massachusetts Apax Partners companies Companies that filed for Chapter 11 bankruptcy in 2013