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Home > Company Index > Media > Internet & Online Content Providers > Element K Corporation

Element K Corporation
 PROFILE
Element K.... That would be potassium, right? Element K Corporation doesn't teach chemistry, but it does provide a range of Internet-based education and training services to corporations and government agencies. Its 500-plus online courses include instructor-led classes, self-paced tutorials, and reference materials covering information technology (IT), general business, and professional courses. The company's services also include instructor mentoring, e-mail, chat rooms, and message boards. Element K generates sales through annual subscriptions and licensing agreements with Gateway and ZDNet, among other firms. It operated as a unit of former Internet publisher Ziff-Davis (bought by CNET) until early 2000.

 COMPETITION
DigitalThink, Inc. (DTHK)
SmartForce PLC (SMTF)
The Thomson Corporation (TOC)

 DEALS
Deal: Element K Secures $18 Million
Date Announced: 05.31.01
Value of transaction (US $Mil): 18
Description: Element K, an online learning company previously under Ziff-Davis' umbrella, closed an $18 million investment from Wasserstein & Co.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 10.50
1-Yr. Sales Growth: 113.8%
Employees: 319
Revenue per employee: $32,915.36

 KEY PEOPLE
• Bruce Barnes
    CEO
• Howard Cohen
    CFO

 CONTACT INFO
500 Canal View Blvd.
Rochester, NY 14623
US
Phone: 716-240-7500
Fax: -
Online: Web Site

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