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Weekly News Digest
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January 10, 2013 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.
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IAC Acquires Online Tutoring Service, Tutor.com
IAC announced that the company completed the acquisition of Tutor.com, an online tutoring solution. Terms of the deal were not disclosed. Founded in 1998, Tutor.com connects students anytime, anywhere with more than 2,500 screened and qualified tutors for immediate one-to-one sessions. Historically focused on core K-12 subjects, Tutor.com has more recently expanded into AP courses, test prep, college-level curriculum, and real-time writing help. Millions of students have benefited from Tutor.com's personalized learning programs, which are offered by direct consumer subscription and through partnerships with public and academic libraries, school districts, the U.S. military, and colleges.“We are on a mission to help every student take control of their own learning and achieve their academic and professional goals,” said George Cigale, founder and CEO of Tutor.com, “and becoming an IAC company will help us reach that goal faster.” Cigale will remain CEO and continue to run the business from Tutor.com’s offices in New York City. IAC is a leading media and internet company comprising more than 150 brands and products, including Match.com, Ask.com, CollegeHumor, and CityGrid Media. Focused in the areas of Search, Match, Local, and Media, IAC’s family of websites is one of the largest in the world, with nearly 1 billion monthly visits across more than 30 countries. Source: IAC
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Brandi Scardilli
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