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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“Every generation rewrites the past. In easy times history is more or less of an ornamental art, but in times of danger we are driven to the written record by a pressing need to find answers to the riddles of today.... In times of change and danger when there is a quicksand of fear under men’s reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present and get us past that idiot delusion of the exceptional Now that blocks good thinking.”
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