Headquartered in London United Kingdom. Pearon is te krgest education company and the largest book publisher in the workl. Pearson is organized into three main business grouping (1) Pearson Education (digital ng. education publishing and services including Poptropica and eCollege Financial Times (FT) Group (business information. including the Finan Times newspaper and Penguin Group cohsumer publishing. including the Dorling Kindersley and Penguin Classics imprints. In late 2011. Pearson Global Education and acquired Technology Group. In 2012. Pearson acquired Certiport. Inc. Author Solutions. Inc. IASI). and EnbanetCompa In late 2012. Pearson agreed to merge its Penguin Bools division with Bertelsmann Random House to create the world's bigg book publisher. a newly created joint venture named Penguin Random House. Bertelsmann will own 53 percent of the joint venture and Pearson will own 47 percent. The joint venture excludes Bertelsmann's trade publishing business in Germany nd Pearson retains rights to use the Penguin brand in education markets worldwide. The newly formed company is to customary regulatory and other approvals but is expected to com subject plete in the second half of 2013 In October 2013. Harish Manwani joined the board of directors of Pearson. Harish is Chief operating officer of the global products company Unilever Harish is a graduate trom consumer Bombay University and holds a Masters degree in management studies. Pearson chairman Glen Moreno said: "Harish brings to Pearson a deep knowledge of emerging market an understand ing of the rapidly growing middle class in those countries. and senior experience in a successful global organization. This background is very relevant transformation of Pearson into the to our world's leading learning company." Harish replaces Dr Susan Fuhrman on the Pearson board: Susan is President of Teachers College. Columbia University. Pearson also recently announced another appointment to its board. Linda.Lorimer. Vice President of Yale University