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Middlebury College to sell its stake in language company

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Posted on August 17, 2015 |
By Gaen Murphree



Midd Interactive Languages (27).jpg
MIDDLEBURY INTERACTIVE LANGUAGES on Pond Lane will be solely owned by K12 Inc. of Herndon, Va., after Middlebury College sales its 40-percent stake in the company.

MIDDLEBURY — Middlebury College is selling its 40 percent stake in Middlebury Interactive Languages, a locally based developer of software and curricula used in language education in kindergarten through 12th-grade classrooms. The college on Aug. 4 said it is negotiating the sale of its share of MIL to its partner in the venture, K12 Inc., a Herndon, Va., for-profit company that creates online educational products and curriculum.

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