Major textbook publishers, including McGraw-Hill, Pearson, Kaplan, and Houghton Mifflin Harcourt K-12, have completed a deal with software company ScrollMotion Inc. to prepare their textbook offerings for digital outlets like the iPad. Textbook publishers, having seen the impact of technology and the internet on the newspaper industry, are desperately trying to stay ahead of the technology curve and viable well into the 21st century. Rik Kranenburg, group president of higher eduction at McGraw-Hill had this to say: “Nobody knows what device will take off, or which ‘killer app’ will drive student adaptations. Today they aren’t reading e-textbooks on their laptops. But ahead we see all kinds of new instruction materials.” The Wall Street Journal, citing a report by research firm Compass Intelligence, predicts technology spending among educational institutions will increase $14.3 billion over a five year period (tracked from 2008 to 2013); a figure publishing companies clearly are not going to ignore.
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