Venture capital firm SAIF, in which Cisco was a cornerstone limited partner, invested $25m and $5m on Global Education in 2006 and 2008 respectively.
UK-based publisher Pearson has closed its purchase of Global Education & Technology Group, a China-based company that provides locals with English-language tests and was indirectly backed by computer group Cisco, for $294m.
Venture capital firm SAIF, in which Cisco was a cornerstone limited partner, invested $25m and $5m on Global Education in 2006 and 2008 respectively.
Law firm O’Melveny & Myers advised Global Education, which was listed on the Nasdaq stock exchange in the US and advised by bank JP Morgan.
