Last year, education giant Pearson sold Pearson K12 Learning, its U.S. curriculum and instructional materials business, to Nexus Capital for $250 million.
Now, the Pearson name is gone, and the business has a new brand, Savvas Learning Company.
The public launch marks a major step for Savvas Learning in its transition to becoming an independent company, and is the final stage of a rebranding initiative that began last spring, according to the announcement from Savvas.
“While our name may be changing, our commitment to our customers is as strong as ever. That is especially the case now when so many of the school districts we serve are turning to us for support with their remote teaching and learning needs,” said Bethlam Forsa, CEO of Savvas Learning Company, in a press release.
She said that the move represents a new tradition of innovation that includes “new digital technologies, diverse classrooms, broad social trends, and new research-based teaching and learning practices that are transforming education as we know it.”
Pearson, which continues to work in other areas of the U.S. education market, had identified its U.S. instructional materials business as producing lower profits than other areas of its business.
In the U.S., Pearson still sells assessments and provides virtual schools, advanced placement, and career technical education.
Savvas provides the Realize learning management system, a platform that gives teachers digital access to their Pearson K12 Learning (now Savvas) content, along with the ability to customize instructions, upload content, and monitor student progress.
The company’s products span all K-12 grade levels and disciplines and cover core curriculum, supplemental content, and intervention programs. They also leverage data and advanced technology to provide immersive, personalized, and flexible content that connects teachers and students with real-world learning experiences, the company said.
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