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Home > Company Index > Diversified Services > Education & Training Services > Caliber Learning Network, Inc.

Caliber Learning Network, Inc.
Nasdaq: CLBRQ
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 NEWS FROM THE STANDARD
Fat Pipes Come to the Cubicles
Apr 30 2001 12:00 AM PDT

Biz Men on Campus
Sep 12 2000 12:00 AM PDT

 PROFILE
Caliber Learning Network is failing in the classroom. The broadband education company has shifted its business from one-on-one distance learning to providing online distribution for corporate training programs. In addition to hosting its clients' own programs, Caliber helps design and customize training programs and also produces live broadcasts. As part of its change in focus, Caliber is closing some of its 52 learning centers and no longer offers testing services. The company has filed for Chapter 11 and is considering putting itself up for sale. MCI (now WorldCom) and Sylvan Learning Systems formed the company in 1996. WorldCom still owns about 7% of the company; Sylvan holds a 34% stake.

 COMPETITION
Drake Beam Morin, Inc. (dossier)
Global Knowledge, Inc. (dossier)
Knowledge Universe, Inc. (dossier)

 DEALS
Deal: Caliber Gets $15 Million in Funding
Date Announced: 01.02.01
Value of transaction (US $Mil): 15
Description: E-learning infrastructure firm receives $15 million in funding from various investors.

Search all deals for this company

 TRACKERS
Jun. 08, 2001 - LAYOFF TRACKER
88 laid off
Description: Discontinuing its facilities-based training business. Focusing on broadband delivery of corporate communications and training. Layoffs represent 75% of its staff.

May 22, 2001 - LAYOFF TRACKER
65 laid off
Description: Number is estimated. Cutting 35% of its workforce due to lowered revenue expectations in 2001.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 20.90
1-Yr. Sales Growth: (19.6)%
Employees: 231
Revenue per employee: $90,476.19

 KEY PEOPLE
• Chris L. Nguyen
    CEO
• Mark F. Yanson
    CFO

 CONTACT INFO
509 S.Exeter St., Ste. 400
Baltimore, MD 21202
US
Phone: 410-843-1000
Fax: 410-843-1200
Online: Web Site

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