History
Accelerated Reader, the company's flagship product, was created in 1985 by Judith and Terrance "Terry" Paul, who founded the company in 1986 under the name "Advantage Learning Systems" (ALS). The company's name changed to "Renaissance Learning, Inc." (RLI) in 2001. At one time, the couple owned about 75% of RLI.
On August 16, 2011, the company agreed to be acquired by private-equity firm Permira Funds, a UK-based firm. As of October 16, 2011 Renaissance Learning was no longer being traded as a public company.
Read more about this topic: Renaissance Learning
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“What you don’t understand is that it is possible to be an atheist, it is possible not to know if God exists or why He should, and yet to believe that man does not live in a state of nature but in history, and that history as we know it now began with Christ, it was founded by Him on the Gospels.”
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—Henry David Thoreau (1817–1862)