New York City-based educational publisher McGraw Hill has acquired Triad Interactive, a software developer of the SIMnet product for undergraduate computer and information technology courses.
An online training and assessment solution for Microsoft Office, SIMnet provides students with simulated and in-the-application exercises using Microsoft Word, Excel, PowerPoint, and Access and other relevant subject areas.
Through a 20-year partnership with McGraw Hill, Washington DC-based Triad continued to author, develop and update SIMnet, while McGraw Hill marketed and distributed it through its higher education channels. Triad was founded and owned by Cheryl Manning and Catherine Swinson, both of whom will join McGraw Hill in consulting roles. All employees from Triad have joined McGraw Hill following the acquisition.
Michael Ryan, president of McGraw Hill’s higher education group, said: “This acquisition is the exciting and logical next step in our long-time relationship with Triad and their incredible employees. By joining together, we’ll be able to make SIMnet stronger and better, improving implementation and support services for customers, fuelling future growth and development of the product and exploring new markets and channels to bring the program to a larger audience.”
Manning and Swinson jointly stated: “Our team has worked in concert with McGraw Hill for many years – almost as if we were part of the same company. We’re thrilled to now officially become part of the McGraw Hill family and to continue evolving the SIMnet content and platform to serve more learners in the future.”
Date published: 7 May 2021