Nov 25, 2010
1 min read

Fox News Owner Buys Education Tech Provider, 3 Million-Student Audience

By Eric W. Dolan / rawstory.com

Wireless Generation, a US education technology company, will become a subsidiary of News Corporation for about $360 million in cash as Rupert Murdoch seeks to expand his company into academia.

The company provides technology solutions for an audience of over 3 million students nation-wide.

On Monday, News Corporation, the parent company of the Fox News Channel, announced it signed an agreement to buy 90 percent of Wireless Generation. The remaining shares will be retained by general manager Larry Berger, who will remain in his post.

LOVE FILMS FOR ACTION?
We don't run on ads. We're run on community. Donating $5/month makes a difference. Subscribe here.
Media Explore All
Videos by uncivilized
Trending Videos Explore All
Trending Articles Explore All
Recent Documentaries Explore All
Video Deep Dives Explore All
What People Are Watching Now
Transition Stories for Becoming a Global Eco-Civilization
Support independent media for a more free, regenerative and democratic society. 



Subscribe for $5/month to support us and watch over 50 patron-exclusive documentaries.

Share this:

Share