The Acquisition Follows 20 Years of Partnership and Evolution of the SIMnet Product
McGraw Hill today announced that it has acquired Triad Interactive, Inc., the software developer of the widely-used SIMnet product for undergraduate computer and information technology courses.
An easy-to-use online training and assessment solution for Microsoft Office, SIMnet provides students with simulated and in-the-application exercises using Microsoft Word, Excel, PowerPoint, and Access as well as many other relevant subject areas.
Through a 20-year partnership with McGraw Hill, Triad continued to author, develop and update SIMnet, while McGraw Hill marketed and distributed it through its higher education channels. Today, hundreds of thousands of students rely on SIMnet to learn how to use Microsoft Office. Triad was founded and owned by Cheryl Manning and Catherine Swinson, both of whom will join McGraw Hill in consulting roles. All employees from Triad have joined McGraw Hill following the acquisition.
“This acquisition is the exciting and logical next step in our longtime relationship with Triad and their incredible employees,” said Michael Ryan, President of McGraw Hill’s Higher Education group. “By joining together, we’ll be able to make SIMnet stronger and better, improving implementation and support services for customers, fueling future growth and development of the product and exploring new markets and channels to bring the program to a larger audience.”
“Our team has worked in concert with McGraw Hill for many years – almost as if we were part of the same company,” Manning and Swinson said, jointly. “We’re thrilled to now officially become part of the McGraw Hill family and to continue evolving the SIMnet content and platform to serve more learners in the future.”