It's hard to imagine that the New Media Consortium ran up debts of half a million dollars, but that's what this article says. It also says Educause it picking up NMC's assets for a paltry $55K. Writing about the acquisition, Bryan Alexander suggests it was a " this is a bold and generous move" and that Educause is "playing the white knight, stepping up to rescue assets that many in the ed tech world value." It's interesting to note that it's the Horizon R
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