Acquisitive Eli Research purchases prestigious Element K journal business.Element K (that's K as in Knowledge) began life in 1982 as Logical Operations Inc. to instruct employees about the then-brand-new microcomputer microcomputer Small digital computers whose CPU is contained on a single integrated semiconductor chip. As large-scale and then very large-scale integration (VLSI) have progressively increased the number of transistors that can be placed on one chip, the processing capacity . Between 1986 and 1989, Logical Operations ran training workshops, began publishing "courseware," and marketed a catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. of PC and Microsoft training materials to colleges and the nascent nascent /nas·cent/ (nas´ent) (na´sent) 1. being born; just coming into existence. 2. just liberated from a chemical combination, and hence more reactive because uncombined. training-center industry. Ziff-Davis acquired Logical Operations in 1991, along with The Cobb Group, Louisville-based publisher of journals, CDs, and other online media resources for computer education. By 1993, Logical was the nation's leading publisher of personal computer training products. In 1997 Logical Operations and The Cobb Group were renamed ZD Education and ZD Journals, respectively. They were among the first to offer online, interactive, self-paced learning sites, or "IT courses"--targeted to both corporate and consumer markets. In 2000 U.S. Equity Partners acquired ZD Education, renamed it Element K, and restructured it into four business units focused on e-learning, courseware, newsletters and training publications, and a training center in Rochester, N.Y. Moves into healthcare and then to Eli Research In 2003 Element K began an online HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, program, to train doctors, nurses, lab personnel, managers and medical staff on the Health Care Insurance Portability and Accountability Act There are a number of piece of legislation known as the Accountability Act:
And that's the current Element K and Eli Research nexus. Eli produces about three dozen newsletters training medical personnel on coding compliance under the title of the 2001-acquired Coding Institute. With its recent acquisition, Eli enters the IT market and Element K moves away from publishing to "focus on building out our learning solutions practice, and specifically, services," Element K CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Steve Hoffman said. Eli's Greg Lindberg said, "This acquisition allows Eli Research to assertively as·ser·tive adj. Inclined to bold or confident assertion; aggressively self-assured. as·ser  tive·ly adv. enter the IT journals market. Indeed, we believe Eli Research is now one of the top participants in this space. As with any high quality product, we intend to invest in this product line's future." Through a multi-year licensing agreement with Eli, Element K will continue to sell and support Eli Research IT Journals. Element K, 500 Canal View Blvd., Rochester, NY 14623, 800-223-8720, www.elementkjournals.com Eli Research, 222 Sedwick Road, Durham, NC 27713, 888-779-3718, www.elirearch.com |
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