[caption id="attachment_69064" align="alignleft" width="225" caption="Carnegie Learning will operate as a subsidiary of Apollo Group, whose holdings include the online University of Phoenix."][/caption]

Apollo Group Inc., the nation's largest for-profit college chain and owner of the online University of Phoenix, said Aug. 2 that it has agreed to acquire Carnegie Learning Inc., a publisher of research-based math curricula, for $75 million.

In a separate transaction, Apollo said it will acquire related technology from Carnegie Mellon University for $21.5 million, payable over a 10-year period.

The acquisitions allow Apollo to accelerate its efforts to incorporate...

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