Cengage Group Announces Agreement to Acquire Infosec

Cengage Group, an education technology company serving the learning community, has entered into an agreement to acquire Infosec, a cybersecurity education provider, for $190.8 million.

With the acquisition, Cengage Group will expand into the cybersecurity professional training market and increase the size of its workforce skills business. The transaction is expected to close in the first calendar quarter of 2022.

As the world shifted to remote and hybrid working environments, the frequency of cyber attacks rapidly increased. As a result, the need for skilled and knowledgeable cybersecurity professionals has grown, driving the US Bureau of Labor Statistics to identify information security analysts as the 10th fastest growing occupation over the next decade, with an employment growth rate of 31 percent. 

With this acquisition, Cengage aims to be in a better position within the online, employer-paid cybersecurity training segment, currently a $1 billion market, with expectations to grow to $10 billion annually by 2027. 

Learning Opportunities

ON DEMAND

Collaboration in a Distributed Workplace: Tools and Techniques of Top Performing Teams

Watch Now

ON DEMAND

Improve Knowledge Sharing: The Key to Employee Productivity

Streamline team collaboration and engagement

Watch Now

ON DEMAND

How McDonald’s Drove Productivity Through an Elevated Employee Experience

In the new remote/hybrid workplace, work/life boundaries are blurred and workplace stress is a top driver of mental health needs.

Watch Now

ON DEMAND

How to Future-Proof Your Employee Experience Strategy in 2023

A framework to navigate through economic uncertainty

Watch Now

ON DEMAND

Challenges to Efficiency in 2023: Your Employees Need the Digital Workplace of the Future

The era of asking employees to do more with less is upon us

Watch Now

ON DEMAND

The Essential Role of Communicators in Fostering Wellbeing in the Digital Workplace

Join us for practical insights on how digital communicators can support employees to thrive in the digital workplace

Watch Now

ON DEMAND

Addressing Employee Needs and Wants with a Digital Workplace

The workplace is getting more and more digital – both in how we work and where we work

Watch Now

ON DEMAND

Maintaining a Human-Centered Approach During Digital Transformation

When it comes to digital transformation - people drive change, not technology

Watch Now

ON DEMAND

The Evolution of Employee Recognition

Leveraging the power of appreciation to improve the employee experience

Watch Now

ON DEMAND

Are You Blocking Your Internal Comms Team Without Knowing It

Best practices & tips to help IC teams thrive

Watch Now

ON DEMAND

Cyber Resilience In The Cloud Is Not Optional

In today’s age of ransomware and widespread cyber attacks, your cloud data needs to be protected.

Watch Now

View All

"The cybersecurity industry is at a critical inflection point where the skilled labor shortage could have far-reaching and lasting effects on business and personal safety. At the same time, it provides an opportunity for un- or under-employed workers who can upskill or reskill for career advancement," said Michael E. Hansen, CEO of Cengage Group, in a press release statement announcing the deal.

Infosec will join Cengage Group's ed2go business, with the goal to help develop and prepare workers for careers in high demand industries by providing access to thousands of hands-on cybersecurity courses and bootcamp, instructor-led training to prepare for certifications. 

Have a tip to share with our editorial team? Drop us a line:

About the Author

Gabrielle Rodgers is an editorial intern for Simpler Media Group, joining the team in the fall of 2021. Gabrielle is currently a digital media major at Elizabeth City State University in North Carolina and expects to earn her Bachelor’s in 2022.