Baltimore, Maryland, July 8, 2008 - Laureate Education, Inc. today announced it has acquired the Universidad Tecnológica de México (UNITEC), one of the largest private universities in Mexico, and the Universidad Latina and Universidad Americana (UAM) in Costa Rica.
UNITEC has eight campuses throughout Mexico, including six in Mexico City, one in Guadalajara and one in Monterrey. The university has a 40-year tradition of providing higher education throughout the country, and today serves more than 36,000 students.
UNITEC has obtained the highest level of institutional accreditation by the Federation of Private Mexican Higher Education Institutions (Federación de Instituciones Mexicanas Particulares de Educación Superior) and is a member of Mexico's National Association of Private Higher Education Universities and Institutions (Asociación Nacional de Universidades e Instituciones de Educación Superior). UNITEC offers undergraduate and graduate degrees in business, engineering, health sciences, architecture and graphic design.
Universidad Latina, the largest private university in Costa Rica, was founded in 1989 and has more than 16,000 students. The university is widely recognized for its health sciences programs, including medicine and dentistry. UAM, founded in 1997, has more than 4,000 students, and specializes in business education. Combined, the schools have 13 campuses throughout Costa Rica.
"'Laureate's position as the global leader in international higher education is a direct reflection of the strength and reputation of each university within our network,' said Douglas L. Becker, Chairman and Chief Executive Officer of Laureate Education, Inc. 'We are proud to bring these important universities into our network, as they will enhance our ability to meet the needs of the growing number of students in Mexico and Costa Rica.'"
About Laureate Education, Inc.
Laureate Education, Inc. is a global network of more than 35 accredited campus-based and online universities offering undergraduate and graduate degree programs to more than 405,000 students around the world. Laureate students are part of an international, multicultural, networked academic community that spans 18 countries and more than 90 campuses throughout North America, Latin America, Europe and Asia. Laureate's international universities offer more than 130 career-focused, multi-year undergraduate, masters and doctorate degree programs in career fields including engineering, education, business, healthcare, hospitality and information technology. For more information, visit www.laureate-inc.com.