Online High School Bought by Apollo/UPhoenix

January 12, 2007

The Apollo Group Inc., which owns the University of Phoenix, announced on Wednesday that it had bought a company that provides online high-school education. Apollo also owns the University of Phoenix, Inc.; the Institute for Professional Development; the College for Financial Planning Institutes Corporation; and Western International University. While online secondary school is a potentially growing industry, it also serves as an investment to prepare online-ready students for PSE. Apollo media release | Boston Globe