Macmillan Education
| Industry | Education |
|---|---|
| Founded | n/a |
| Parent | Springer Nature |
| Website | http://www.macmillaneducation.com |
Macmillan Education is one of the world’s leading publishers of English Language teaching and school curriculum materials, with over 150 years of publishing experience. Based in London, UK, and operating in over 40 countries worldwide.
History
In 1994, Simon & Schuster acquired the American branch of Macmillan Publishers. Four years later, Simon & Schuster divested its educational division, including the remains of Macmillan Education, to Pearson PLC.[1] On June 30, 1999, Pearson sold Macmillan's reference division to IDG for $83 million.[2]
Until 2015, when it was merged into Springer Nature, Macmillan Education was a division of Macmillan Publishers Ltd, a wholly owned subsidiary of Holtzbrinck Publishing Group.[3]
In 2011 Macmillan Publishers Ltd was fined GBP 11.3 million by the High Court in London, in respect of gains through corruption by Macmillan Education in East and West Africa between 2002 and 2009.[4] Subsequently, Macmillan Education stopped operating in East and West Africa.[5]
Competitors
Macmillan Education operates globally and has a range of competitors, both on a global basis as well as in each country in which it operates. Its main competitors include Pearson Education, a division of Pearson, Oxford University Press, Cambridge University Press, McGraw-Hill Education, EMPGI an affiliate of Houghton Mifflin Harcourt, and Express Publishing, an independent publisher based in the United Kingdom.
References
- ↑ http://www.nytimes.com/1998/07/04/business/pearson-revises-simon-schuster-deal.html
- ↑ https://www.pearson.com/news/announcements/1999/june/pearson-sells-macmillan-general-reference-for-83m.html
- ↑ "Springer Nature created following merger completion". Springer. 6 May 2015.
- ↑ "Serious Fraud Office, 2011"
- ↑ "The Bookseller, 2011"