Bertelsmann makes move to build global university data network

Germany’s Bertelsmann <BTGGg.F> has agreed to take a controlling stake in United States-based Alliant International University as the first step in a plan to build a global network of universities to share research and data.
Europe’s largest media group has made education its top investment priority. It has vowed to achieve 1 billion euros ($1.13 billion) in revenue from a global market that advisory firm GSV has estimated will be worth $5.5 trillion this year and $6.4 trillion by 2017. More...