Harcourt Achieve Acquires Saxon Publishers

Posted on June 4, 2004

Harcourt Achieve, a unit of global education provider Harcourt, announced that it has agreed to acquire Saxon Publishers, Inc., a publisher of skills-based instructional materials for grades pre-K through 12 in mathematics, phonics, and early childhood. Harcourt, a Reed Elsevier Group plc company, said it expected to complete the purchase immediately following receipt of necessary regulatory approvals.

"Saxon is the undisputed leader in skills-based math instruction," said Harcourt Achieve President Tim McEwen. "It is an incredibly strong brand, with a large and loyal following that is growing everyday. At a time when educators want research-based solutions backed by scientific evidence of efficacy, Saxon stands out, with an exceptionally well documented record of effectiveness."

Saxon Math is the nation's best selling skills-based mathematics program for grades K-12 and a leader in the "alternate basal" math segment. The program is based on a unique, incremental pedagogical approach that emphasizes practice, review, and frequent cumulative assessment. Other Saxon programs include Saxon Phonics and Spelling K-3, and Saxon Early Learning.

"Over the years we have been approached by many companies interested in acquiring Saxon. I am pleased to say we believe Harcourt has the experience, resources and the commitment to further our father's vision and to continue the success of the company he founded," said John H. Saxon III on behalf of the Saxon Family.

Harcourt Achieve produces learning solutions and content for both young and adult learners. Published under the Rigby and Steck-Vaughn imprints, its products are based on a developmental philosophy that assesses learners' skills, matches them to appropriate content and accelerates them to meet and exceed expectations. Harcourt Achieve is part of Harcourt, a global education provider serving students and teachers in PreK through grade 12, adult learners and readers of all ages.

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