Follett Digital Resources Acquires Interactive Constructs, Inc.
Acquisition Demonstrates Follett's Commitment to Being a Premier Provider of Digital Delivery SolutionsAugust 16, 2006 - MCHENRY, IL
Follett Digital Resources, which was formed in October 2005 to provide leading edge solutions and services for distributing digital content, today announced that it has acquired Interactive Constructs, Inc. (ICI) - a leading developer and provider of custom e-learning and web publishing solutions for education and publishers. Follett Digital Resources (FDR) is part of Follett Technology Solutions and International Group (FTSIG) and FTSIG is one of three groups which make up Follett Corporation, a $2.2 billion, privately-held company that has been providing products, services and solutions to the educational marketplace for more than 130 years.
“Follett’s acquisition of ICI clearly demonstrates our commitment to playing a strategic role in the supply chain of digital content and creating a digital infrastructure supporting our goal of being a premier provider of solutions for distributing digital content,” said Chuck Follett, President of Follett Technology Solutions and International Group.
“Through this acquisition, Follett Digital Resources will be better positioned to meet the growing digital delivery needs of educational publishers and schools alike,” added Michael Johnson, Chief Operating Officer of Follett Digital Resources.
“Combining the resources of Follett and ICI, we will be better able to support our customers in delivering interactive digital content that engages learners,” added Johnson.
Interactive Constructs, Inc. will remain in Medford, Massachusetts and operate as a subsidiary of Follett Digital Resources. Kevin Polk, ICI's co-founder and President, will become Follett Digital Resources' Vice President of Educational Technology and will report to Michael Johnson.
Follett Corporation’s different businesses are organized under three business groups – the Follett Higher Education Group, the Follett Educational Distribution Group and Follett Technology Solutions and International Group. The Follett Technology Solutions and International Group includes Follett Digital Resources, Follett International and Follett Software Company. Follett Corporation was founded in 1873 and has its headquarters in River Grove, Illinois.
Interactive Constructs, Inc. was founded by Kevin Polk, Chaki Ng and Leslie Polk in 1996 as a consulting company providing custom e-learning solutions. Today, ICI provides solutions ranging from web authoring and content management to assessment and complete learning management systems. In fact, Scholastic uses ICI's Lycea platform and ICI's professional services in the development and maintenance of its award-winning reading intervention program, READ 180®. In addition, ICI has created Lycea™ - a set of web-based development tools that allow content providers to migrate legacy content to the Web and create new interactive content that supports unique personalized experiences based on assessment and individual profiles.
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