Barnes & Noble Education Extends Relationship with OpenStax
August 09 2016 - 8:30AM
Business Wire
Company to Leverage OpenStax Content through
its LoudCloud Learning Analytics Solution
Barnes & Noble Education, Inc. (NYSE:BNED),
one of the largest contract operators of bookstores on college and
university campuses across the United States and a leading provider
of digital education services, today announced it will extend its
current relationship with OpenStax, a Rice University-based
nonprofit that makes college more accessible for students.
Together, the companies will provide greater access to quality,
cost-effective course materials and advanced digital solutions.
“Barnes & Noble Education is committed to driving student
success, and as a leader in the Open Educational Resources (“OER”)
movement, OpenStax demonstrates that same commitment,” said Kanuj
Malhotra, Chief Strategy & Development Officer and Chief
Operating Officer, Digital Education, Barnes & Noble Education.
“As a long-term, trusted partner to colleges and universities
across the country, our relationship with OpenStax will allow us to
facilitate greater access to high-quality, proven OER content that
complements our integrated offering of printed textbooks and
digital solutions.”
Barnes & Noble Education will leverage OpenStax content
through its learning analytics platform, LoudCloud, making the
content not only cost-efficient, but also measurable. By tracking
the effectiveness and use of OpenStax materials via the LoudCloud
platform to measure learning outcomes, colleges and universities
will gain affordable day-one solutions and analytical insights that
help to increase student success. Additionally, the Company will
offer a wider distribution of OpenStax’s cost-effective learning
resources at the more than 750 Barnes & Noble College stores
nationwide.
“We have seen the incredible impact that OpenStax has had on the
broader educational community recently, and we are pleased to work
with such an innovative company,” said Mr. Malhotra. “As we
continue to grow our digital solutions, relationships with
organizations such as OpenStax uniquely position Barnes & Noble
Education’s LoudCloud to act as a complete support system in
increasing student success and retention.”
David Harris, editor in chief for OpenStax, said a recent report
from the Babson Research Survey Group indicated that OpenStax
resources are rapidly becoming standard in introductory college
courses in the U.S.
“By partnering with Barnes & Noble Education, we are able to
accelerate access for students through its tremendous network of
institutions across the nation," said Harris. “Furthermore, we are
particularly interested in evaluating usage metrics related to the
OER materials so we can continue to improve learning outcomes."
ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education,
Inc. (NYSE:BNED), one of the largest contract
operators of bookstores on college and university campuses
across the United States and a leading provider of
digital education services, enhances the academic and social
purpose of educational institutions. Through its Barnes &
Noble College subsidiary, Barnes & Noble
Education serves more than 5 million college students and
their faculty through its 751 stores on campuses nationwide,
delivering essential educational content and tools within a dynamic
retail environment. Through its digital platforms LoudCloud and
Yuzu®, Barnes & Noble Education offers an excellent
digital reading experience and access to a broad catalog of digital
academic relevant titles. Barnes & Noble Education acts as
a strategic partner to drive student success; provide value and
support to students and faculty; and create loyalty and retention,
all while supporting the financial goals of college and university
partners.
General information on Barnes & Noble Education,
Inc. can be obtained by visiting the Company's corporate
website: www.bned.com.
ABOUT OPENSTAX
OpenStax provides open educational resources and textbooks free
online for any student, anywhere and partners with companies that
provide fee-based products and services that enhance the value of
its books for both instructors and students. OpenStax is a
nonprofit initiative of Rice University and is made possible by the
support of the William and Flora Hewlett Foundation, the Laura and
John Arnold Foundation, the Bill & Melinda Gates Foundation,
the 20 Million Minds Foundation, the Maxfield Foundation, the
Calvin K. Kanzanjian Foundation, the Bill and Stephanie Sick Fund
and the Leon Lowenstein Foundation.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160809005223/en/
MEDIA:Barnes & Noble Education, Inc.Carolyn J. Brown,
908-991-2967Vice President, Corporate
Communicationscbrown@bned.com
Barnes and Noble Education (NYSE:BNED)
Historical Stock Chart
From Sep 2024 to Oct 2024
Barnes and Noble Education (NYSE:BNED)
Historical Stock Chart
From Oct 2023 to Oct 2024