Riverdeep
The former Riverdeep logo.
|
|
| Private | |
| Industry | CD-ROM software |
| Founded | 1995 |
| Headquarters | Boston and Dublin |
| Parent | Houghton Mifflin Harcourt |
| Website | [1] |
Houghton Mifflin Harcourt Learning Technology, originally started as Riverdeep Interactive Learning, is a publishing house for educational online and CD-ROM products based in San Francisco, United States and Dublin, Ireland. Founded in 1995, Riverdeep was principally the creation of the Irish ex-investment banker Barry O'Callaghan. O'Callaghan was Riverdeep's CEO and controlling shareholder. Riverdeep also acquired the companies Broderbund, The Learning Company and Edmark, and became a distributor for said companies.
In October 2002, Riverdeep became a private entity when their stock price plummeted below $2 in NASDAQ.
On September 20, 2004, Riverdeep moved its Novato office to 100 Pine Street in San Francisco.
Houghton Mifflin Harcourt officially became a publicly traded company on November 14, 2013, with common shares of stock listed on the NASDAQ exchange.
As of 2017, Houghton Mifflin Harcourt is offering the Adventure Workshop brand (originally used for titles published by or acquired by Riverdeep) as a licensing opportunity on its website.
Riverdeep also helped on a game called Hamtaro: Wake Up Snoozer!
On December 22, 2006, it was announced that Riverdeep PLC had completed its acquisition of Houghton Mifflin. The new joint enterprise would be called the Houghton Mifflin Riverdeep Group. Riverdeep paid 1.75 billion in cash and assumed $1.61 billion in debt from the private investment firms Thomas H. Lee Partners, Bain Capital Partners and The Blackstone Group. Tony Lucki, a former non-executive director of Riverdeep, would remain in his position as Houghton Mifflin's chief executive officer. HM Rivergroup indicated it wanted to capitalize on the "convergence of print and digital education platforms."
...
Wikipedia