{"id":390354,"date":"2020-12-01T07:03:28","date_gmt":"2020-12-01T12:03:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390354"},"modified":"2020-12-01T07:03:28","modified_gmt":"2020-12-01T12:03:28","slug":"zovio-announces-historic-higher-education-transaction","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/","title":{"rendered":"Zovio Announces Historic Higher Education Transaction"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Zovio completes sale of Ashford University to University of Arizona Global Campus, will continue to provide world-class education technology services<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CHANDLER, Ariz.<\/span>, <span class=\"xn-chron\">Dec. 1, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=2958844007&amp;u=https%3A%2F%2Fwww.zovio.com%2F&amp;a=Zovio%C2%A0\" rel=\"nofollow noopener noreferrer\">Zovio\u00a0<\/a><\/u>(Nasdaq: ZVO)\u00a0announced today that the sale of <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=268975296&amp;u=https%3A%2F%2Fwww.zovio.com%2Fmedia-room%2Fzovio-and-university-arizona-announce-transformational-higher-ed-agreement&amp;a=Ashford+University+to+University+of+Arizona+Global+Campus\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-org\">Ashford University<\/span> to <span class=\"xn-org\">University of Arizona<\/span> Global Campus<\/a> (&#8220;Global Campus&#8221;) is now complete. Following <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=2494458945&amp;u=https%3A%2F%2Fwww.zovio.com%2Fmedia-room%2Fzovio-announces-approval-wscuc-university-arizona-global-campus-acquire-ashford-university&amp;a=approval+from+WSCUC+in+November\" rel=\"nofollow noopener noreferrer\">approval from WSCUC in November<\/a>,\u00a0the <span class=\"xn-org\">University of Arizona<\/span> announced the <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=4029690949&amp;u=https%3A%2F%2Fnews.arizona.edu%2Fstory%2Funiversity-arizona-global-campus-approved-accreditor-board-appointed&amp;a=inaugural+board+of+directors\" rel=\"nofollow noopener noreferrer\">inaugural board of directors<\/a>\u00a0for Global Campus.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/145861\/Zovio_logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/145861\/Zovio_logo.jpg\" title=\"Zovio logo (PRNewsFoto\/Zovio) (PRNewsfoto\/Zovio)\" alt=\"Zovio logo (PRNewsFoto\/Zovio) (PRNewsfoto\/Zovio)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Due to COVID-19, the pivot to digital learning in higher education has accelerated. College students are increasingly turning to online learning options, while more institutions than ever are offering their programs on-campus and online. Global Campus, facilitated by Zovio technology, will pioneer the future of higher education by meeting students wherever they are in their educational journey and wherever they live. <\/p>\n<p>With the transaction&#8217;s close, Global Campus is moving forward with ensuring that nontraditional and underrepresented students can access affordable and high-quality online higher education. <\/p>\n<p>This transaction allows Zovio to continue providing innovative and data-driven education technology services to Global Campus under a long-term Strategic Services Agreement, cementing Zovio&#8217;s position as a world-class education technology services company. It furthers Zovio&#8217;s ability to pursue diversified growth as a leading provider of technology and services to other higher education institutions, corporations, and learners. <\/p>\n<p>&#8220;Zovio is proud to partner with <span class=\"xn-org\">University of Arizona<\/span> Global Campus to provide our data-driven technology services to meet the needs of each student, particularly nontraditional students who need flexible access to a high-quality online education that will help them achieve their goals,&#8221; said Zovio Founder, President, and CEO <span class=\"xn-person\">Andrew Clark<\/span>. &#8220;Today&#8217;s news is further proof that it will be innovative models for education like this which will redefine the future of learning.\u00a0By providing online education services that meet both the learners&#8217; and universities&#8217; needs, Zovio technology is fueling better\u00a0decision making, insights, and solutions that promote student retention and degree completion.&#8221;\u00a0<\/p>\n<p>&#8220;In the same way that education is transformative for individuals and communities, Global Campus and its partnership with\u00a0Zovio\u00a0will help transform higher education,&#8221; said <span class=\"xn-org\">University of Arizona<\/span> Global Campus Interim CEO <span class=\"xn-person\">Paul Pastorek<\/span>. &#8220;Global Campus and\u00a0Zovio\u00a0prioritize ensuring student success, and this partnership will provide both the high-quality online classroom experience as well the personalized support services that will help our students achieve their career and personal goals.&#8221;<\/p>\n<p>\n        <b><br \/>\n          <u>About Zovio<br \/><\/u><br \/>\n        <\/b><br \/>\n        <u><br \/>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=2334185971&amp;u=http%3A%2F%2Fwww.zovio.com%2F&amp;a=Zovio\" rel=\"nofollow noopener noreferrer\">Zovio<\/a><br \/>\n        <\/u>\u00a0(Nasdaq: ZVO) is an education technology services company that partners with higher education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, which includes <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=3240161123&amp;u=https%3A%2F%2Fwww.fullstackacademy.com%2F&amp;a=Fullstack+Academy\" rel=\"nofollow noopener noreferrer\">Fullstack Academy<\/a><\/u>, <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=3505773434&amp;u=https%3A%2F%2Ftutorme.com%2F&amp;a=TutorMe\" rel=\"nofollow noopener noreferrer\">TutorMe<\/a><\/u>, and <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=2787927529&amp;u=https%3A%2F%2Flearn.forbes.com%2F&amp;a=Learn%40Forbes\" rel=\"nofollow noopener noreferrer\">Learn@Forbes<\/a><\/u>, leverages its core strengths and applies its technology and capabilities to priority market needs. Using advanced data and analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio&#8217;s purpose is to help everyone be in a class of their own. For more information, visit <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2996829-1&amp;h=2468962650&amp;u=https%3A%2F%2Fnam02.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.zovio.com%252F%26data%3D02%257C01%257CChristina.Hastings%2540zovio.com%257C2bbf1e18749b4c65568e08d7a42d1c60%257Cb460013b012d43a9a3e9da74877079e9%257C0%257C0%257C637158385958763117%26sdata%3DqZAALXoKP8ksAJ%252F%252BE8LVz8gv4SvY8hQRlFTiWE3LMFQ%253D%26reserved%3D0&amp;a=www.zovio.com\" rel=\"nofollow noopener noreferrer\">www.zovio.com<\/a><\/u>.<\/p>\n<p>\n        <b><br \/>\n          <u>About The <span class=\"xn-org\">University of Arizona<\/span> Global Campus<br \/><\/u><br \/>\n        <\/b>The <span class=\"xn-org\">University of Arizona<\/span> Global Campus (&#8220;Global Campus&#8221; or &#8220;UAGC&#8221;) is an independent university that is operated in affiliation with the <span class=\"xn-org\">University of Arizona<\/span>. Global Campus is designed to provide flexible opportunities for working students from diverse backgrounds who seek to gain knowledge and skills that will help them to achieve their life and career goals. Global Campus builds on <span class=\"xn-org\">Ashford University&#8217;s<\/span> promise of high-quality online learning, access and inclusivity and the <span class=\"xn-org\">University of Arizona&#8217;s<\/span> mission as a land-grant institution focused on student success. Global Campus is accredited by the Western Association of Schools and Colleges Senior College and University Commission (WSCUC) and is one of the nation&#8217;s most innovative online universities with approximately 35,000 students. UAGC ranks No. 2 in the U.S. with 318 Quality Matters (QM) certified courses and has more than 50 degrees at the associate, bachelor&#8217;s, master&#8217;s and doctoral levels. For more information, visit uagc.edu.<\/p>\n<p>Contact: <span class=\"xn-person\">Alanna Vitucci<\/span><br \/><a target=\"_blank\" href=\"mailto:alanna.vitucci@zovio.com\" rel=\"nofollow noopener noreferrer\">alanna.vitucci@zovio.com<\/a><br \/>858 668 2586 x11636<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA07293&amp;sd=2020-12-01\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/zovio-announces-historic-higher-education-transaction-301182116.html\">http:\/\/www.prnewswire.com\/news-releases\/zovio-announces-historic-higher-education-transaction-301182116.html<\/a><\/p>\n<p>SOURCE  Zovio<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA07293&amp;Transmission_Id=202012010700PR_NEWS_USPR_____LA07293&amp;DateId=20201201\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zovio completes sale of Ashford University to University of Arizona Global Campus, will continue to provide world-class education technology services PR Newswire CHANDLER, Ariz., Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Zovio\u00a0(Nasdaq: ZVO)\u00a0announced today that the sale of Ashford University to University of Arizona Global Campus (&#8220;Global Campus&#8221;) is now complete. Following approval from WSCUC in November,\u00a0the University of Arizona announced the inaugural board of directors\u00a0for Global Campus. Due to COVID-19, the pivot to digital learning in higher education has accelerated. College students are increasingly turning to online learning options, while more institutions than ever are offering their programs on-campus and online. Global Campus, facilitated by Zovio technology, will pioneer the future of higher education by meeting students wherever they are in their &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Zovio Announces Historic Higher Education Transaction&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390354","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zovio Announces Historic Higher Education Transaction - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zovio Announces Historic Higher Education Transaction - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Zovio completes sale of Ashford University to University of Arizona Global Campus, will continue to provide world-class education technology services PR Newswire CHANDLER, Ariz., Dec. 1, 2020 \/PRNewswire\/ &#8212;\u00a0Zovio\u00a0(Nasdaq: ZVO)\u00a0announced today that the sale of Ashford University to University of Arizona Global Campus (&#8220;Global Campus&#8221;) is now complete. Following approval from WSCUC in November,\u00a0the University of Arizona announced the inaugural board of directors\u00a0for Global Campus. Due to COVID-19, the pivot to digital learning in higher education has accelerated. College students are increasingly turning to online learning options, while more institutions than ever are offering their programs on-campus and online. 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Following approval from WSCUC in November,\u00a0the University of Arizona announced the inaugural board of directors\u00a0for Global Campus. Due to COVID-19, the pivot to digital learning in higher education has accelerated. College students are increasingly turning to online learning options, while more institutions than ever are offering their programs on-campus and online. Global Campus, facilitated by Zovio technology, will pioneer the future of higher education by meeting students wherever they are in their &hellip; Continue reading \"Zovio Announces Historic Higher Education Transaction\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-01T12:03:28+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/145861\/Zovio_logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Zovio Announces Historic Higher Education Transaction","datePublished":"2020-12-01T12:03:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/"},"wordCount":679,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/145861\/Zovio_logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zovio-announces-historic-higher-education-transaction\/","name":"Zovio Announces Historic Higher Education Transaction - 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