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Friday, January 12, 2007
Apollo Group, Inc. Announces Acquisition of Insight Schools
Apollo Group, Inc. announced that it has acquired Insight Schools, an innovator in online high school education. Insight Schools, based in Portland, Oregon, is led by a management team with significant experience in the area of K-12 online education. The company was founded by Mr. Keith Oelrich, whose prior experience includes positions as President and CEO of KC Distance Learning (KCDL) and Apex Learning. Mr. Oelrich and his team are remaining with the company under the new ownership. Apollo acquired Insight Schools in October of 2006. "The management team at Insight is exceptional and they are similarly attuned to issues of academic quality, retention and service," said Brian Mueller, President of Apollo Group. "We view this as an opportunity to extend into a new business by bringing in a seasoned management team, so that we can maintain our focus on our important initiatives at University of Phoenix."
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