Bonnier Business Press acquires stake in Danish digital learning platform
Clio Online’s portfolio offers a range of digital learning portals for a majority of subjects and grades, accompanied by an advanced learning management platform.
Digital learning materials form around 40 per cent of the total market for learning materials in Denmark – a share that has increased significantly in recent years. Clio Online is estimated to have around 35 per cent of the Danish market, and now the company is ready to take on the international market.
Anders Eriksson, business area head for Bonnier Business to Business said: “Digital learning materials in schools are one of the final frontiers in the digitalisation of content and society. By acquiring Clio Online, we provide ourselves with the best possible partner for bringing that digitalisation to markets outside of Denmark.”
Bonnier Business to Business says it sees great opportunities to leverage Clio Online’s platform and conceptual skills into new applications for the corporate market. “The acquisition will provide a boost as well as a solid foundation for our current and planned efforts in corporate elearning and knowledge products,” says Eriksson.
“Clio Online has played a significant part in placing the Danish market at the forefront of digital educational resources in schools, on a global scale, and we are very eager to show new markets the potential of investing in more digital learning materials,” says founding partner Louise Herping Ellegaard, who will stay on in her current capacity in the management team of Clio Online together with the two other founding partners, Janus Benn Sørensen and Lasse Guldsborg.
“Together with Bonnier, we have both a deep knowledge of and a strong base in the Danish market for digital learning materials as well as a strong presence in a number of nneighbouringmarkets. This gives us a unique opportunity to become the leading provider of digital educational materials internationally. An opportunity we have every intention of exploiting,” says Janus Benn Sørensen.
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