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McGraw-Hill Education
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For the business and financial information company previously known as McGraw Hill Financial, see S&P Global.
McGraw-Hill
McGraw-Hill Education wordmark.svg
The branded McGraw-Hill logo as of 2019
Founded 1888
Founder James H. McGraw
John A. Hill
Country of origin United States
Headquarters location 2 Pennsylvania Plaza
New York City
Key people Simon Allen (interim)
Publication types Adaptive learning technology, Educational software, eBooks, Apps, Platform services, curriculum, and Books
Revenue Increase $1.72 billion (2017)
Owner(s) Apollo Global Management
No. of employees 5,000+
Official website www.mheducation.com
McGraw-Hill is a learning science company and one of the "big three" educational publishers[1][2] that provides customized educational content, software, and services for pre-K through postgraduate education. The company also provides reference and trade publications for the medical, business, and engineering professions. McGraw-Hill currently operates in 28 countries, has more than 5,000 employees globally, and offers products and services to over 135 countries in 60+ languages.
Formerly a division of The McGraw-Hill Companies (later renamed McGraw Hill Financial, now S&P Global), McGraw-Hill Education (now "McGraw-Hill") was divested and acquired by Apollo Global Management in March 2013 for $2.4 billion in cash.[3][4][5][6][7]
Based on the growing demand for classroom technology, McGraw-Hill began offering digital products and solutions alongside traditional print products.[buzzword][8] This shift has accelerated in recent years with an increased focus on developing adaptive learning systems that enable classroom teaching to come closer to a one-to-one student-teacher interaction. These systems allow personalized learning by assessing each student's skill level and using data to determine how each can progress through lessons most effectively. McGraw-Hill provides digital products and services to over 11 million users. In 2013, the company acquired the ALEKS Corporation[9] and after acquiring 20 percent equity stake in Area9 ApS went on to acquire the company, its development partner on the LearnSmart Advantage suite.[10] In 2015 MHE opened a new R&D office in Boston's innovation district.[11][12] In September 2016 the company acquired adaptive learning technology and content provider Redbird Learning.[13] The company currently offers over 1,500 adaptive products in higher education and digital formats for its major K-12 programs. |