The private shareholders of Epigeum Limited, a leading provider of online courseware to the higher education sector, have sold the company to Oxford University Press. Financial terms of this transaction have not been disclosed.
Epigeum was founded in 2005 as a spin-out company from Imperial College London with the goal of creating outstanding multimedia, interactive online courseware. Over the past ten years, Epigeum has developed a unique range of over 78 online courses designed to help universities and colleges support their core activities in teaching, research, studying, leadership and management. Epigeum’s courses are used by 250 universities across 28 countries.
Oxford University Press is the world's largest university press. The transaction provides Oxford University Press with a major footprint in the provision of online courseware and allows the Epigeum team to grow the business with the resources of a major international educational publishing group behind it.
Oaklins Cavendish, based in the UK, advised on the sale of Epigeum Limited to Oxford University Press.
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