GlobalScholar Bought By Scantron

Bellevue, WA-based GlobalScholar, the maker of technology for K-12 education, has agreed to be acquired by Scantron, a unit of San Antonio, TX-based Harland Clarke Holdings. Financial terms of the deal weren’t disclosed. GlobalScholar’s programs, which are used for tracking student and teacher performance, are used to support 5 million students, Harland Clarke said in a statement. GlobalScholar, founded and led by former drugstore.com CEO Kal Raman, has about 330 employees at its office in Bellevue and a software development center in India.

Author: Luke Timmerman

Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.