From the OCBJ:
Aleks Corp., a spin-out of University of California, Irvine, looks poised for growth under new owner McGraw-Hill Education, one of the biggest education publishers in the world…The Irvine-based company, launched by UC Irvine scientists, mathematicians, and software engineers in 1996, has steadily grown to some 150 employees without acquisitions and heavy investment. Its software currently has about 1.3 million users. “Under McGraw-Hill, that’s going to be much faster,” said cofounder and Chairman Jean-Claude Falmagne, who carries the title of professor emeritus at UCI. “We may have five million students using it.” Chief Executive R. G. Wilmot Lampros will join McGraw-Hill, which plans to keep the company’s Irvine office largely intact.

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