Houghton Mifflin Harcourt
- For Houghton Mifflin's College Division (sold in 2008) see Cengage Learning.
Company Website
Location
Boston, MA, USA
Financial Information
Parent Company
- Owned by a consortium of private equity groups (Thomas H. Lee Partners, Bain Capital, and Blackstone Group)
- Annual Operative Revenues (as of 12/2006): $1,282 million (HOUGHTON MIFFLIN HARCOURT PUBLISHING COMPANY) (Source: ORBIS)
K-12 Business
- US PreK-12 Publishing Revenue in 2007 (estimating with inclusion of recently acquired [Harcourt Education]): $2,274,419,000 (Mickey, Meaney and Kilkelly 2008, 148)
Mergers and Acquisitions
McDougal Littell
"Houghton Mifflin acquired the company in 1994." (http://www.hmco.com/divisions/mcdougal_littell.html)
D.C. Heath
"The 1995 acquisition of D.C. Heath and Company gained Houghton Mifflin entry into the supplemental school market, and in 1996, Great Source Education Group was established to combine the supplemental product lines of D.C. Heath, Houghton Mifflin's School Division, and McDougal Littell." (http://www.hmco.com/company/about_hm/company_history.html)
Edusoft
In 1993, "the Company acquired Edusoft and its web-based assessment platform, which, in 2006, were integrated with Riverside Publishing." (http://www.hmco.com/company/about_hm/company_history.html)
Harcourt Education
"Houghton Mifflin Harcourt Publishing Co. was formed in December 2007 when Houghton Mifflin, and its parent Education Media and Publishing Group, acquired the bulk of the Harcourt U.S. education business and its library reference and trade businesses from Reed Elsevier in a $4 billion transaction." (Mickey, Meaney and Kilkenny 2009, 144)
Product Divisions
- K-12: yes
- Higher-Education: no (http://www.hmco.com/divisions/college_division.html)
School Division
"Houghton Mifflin School Division publishes resources for teachers, students, and parents for pre-K-8. The School Division's renowned author teams rely on extensive market and independent research to inform the pedagogical structure of each program. Ancillary products such as workbooks, teacher guides, audio-visual guides, and computer software provide additional support for students and teachers at each grade level. (http://www.hmco.com/divisions/school_division.html)
[...]
"Houghton Mifflin School Division publishes science, reading, language arts, mathematics, and social studies textbooks, as well as an integrated pre-K curriculum. In addition, the division produces programs for reading and math intervention, professional development tools, and learning technologies." (http://www.hmco.com/divisions/school_division.html)
Great Source
"Great Source publishes standards-based, proven solutions for reading, language arts, math, and science for pre-K-12. Great Source also produces effective materials for summer school, afterschool, and intervention programs, quality test preparation, and resources to meet the needs of a wide variety of learning styles, including those of English learners. Outstanding research-based professional development offerings solidify Great Source’s commitment to helping educators make a difference in classrooms every day." (http://www.hmco.com/divisions/great_source.html)
McDougal Littell
McDougal Littell "offers a wide range of standards-driven programs that reflect the latest in educational research and address the needs of all learners, providing teachers and students with solutions for success in the classroom. McDougal Littell publishes an extensive offering of print and technology materials for language arts, mathematics, social studies, world languages, and science for grades 6-12. Houghton Mifflin acquired the company in 1994." (http://www.hmco.com/divisions/mcdougal_littell.html)
Learning Technology
"Houghton Mifflin Harcourt Learning Technology specializes in developing highly engaging, interactive pre-K-12 solutions that inspire excellence and innovation in education, and raise student achievement.
"Bringing together some of the most well-known brands in the industry, Houghton Mifflin Harcourt Learning Technology provides research-proven solutions that serve thousands of schools and districts around the world. The division’s approach integrates core and supplemental instruction with intervention, assessment, and reporting, as well as professional development and school-to-home connections to help enhance teaching and learning, and accelerate proficiency.
"Houghton Mifflin Harcourt Learning Technology provides a rich portfolio of high-value educational software solutions in reading, language arts, mathematics, social studies and science. Its full portfolio of pre-K-12 solutions includes Destination Math, Destination Reading, Edmark House Series, Learning Village, SkillsTutor, and Earobics, as well as popular supplemental titles such as Mavis Beacon, Print Shop, Carmen Sandiego, Oregon Trail, Reader Rabbit, and KidPix." (http://www.hmco.com/divisions/learning_tech.html)
Riverside Publishing
"Riverside Publishing offers a wide range of highly regarded clinical, state, formative, educational, and group assessment products. As a charter member of the Association of Test Publishers, Riverside serves both the K-12 educational market and the clinical assessment market with print, CD-ROM, and online assessment tools." (http://www.hmco.com/divisions/riverside_publishing.html)
Business Strategy
Bibliography for Item 6 in EM
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