Just when educators thought they'd gotten it straight that prominent education software companies Knowledge Adventure and Davidson & Associates now were part of consumer marketing giant Cendant Corporation, everything changes again.

On Nov. 20, Cendant Corporation of Parsippany, N.J., announced a $1-billion deal to sell its consumer software division, Cendant Software, and its subsidiaries to Paris-based Havas SA, a subsidiary of Vivendi SA, a French utility and communications company. The "definitive agreement" consists of $800 million in cash plus future cash contingent payments of up to approximately $200 million through 1999, a Cendant spokesman said.

The sale of

...

Subscribe to Read More

Are You an Educator?

Get Free online access to all our news and resources