Renaissance to Buy Maker of Laptops; Software, Computers Used in Schools

Summary


Renaissance Learning Inc., an educational software company in Wisconsin Rapids, has agreed to buy AlphaSmart Inc. of Los Gatos, Calif., for $57 million in cash and stock, the companies announced Tuesday.

"It's an ideal strategic fit for us," said John Hickey, president and chief executive officer of Renaissance Learning.

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Renaissance to Buy Maker of Laptops; Software, Computers Used in Schools

AlphaSmart makes several models of simple, alternative laptops that have small screens, buil...

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