Sonic Foundry's Global Learning Exchange Announces Partnership With Virtual Internships
Portfolio Pulse from Benzinga Newsdesk
Sonic Foundry, Inc. (NASDAQ:SOFO) has announced a partnership with Virtual Internships through its Global Learning Exchange (GLX) business. The partnership will provide GLX students with remote internship opportunities in their chosen field. Virtual Internships has a global network of 13,000+ host companies in 80+ countries, ensuring placement for students regardless of their location or background. The partnership aligns with both organizations' mission to increase access to valuable experiential learning opportunities.
October 18, 2023 | 1:01 pm
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Sonic Foundry's partnership with Virtual Internships could enhance the value proposition of its Global Learning Exchange business, potentially attracting more students and increasing revenues.
The partnership with Virtual Internships could enhance Sonic Foundry's Global Learning Exchange business by providing students with valuable professional experience. This could attract more students to the program, potentially increasing Sonic Foundry's revenues. However, the impact on the company's overall financial performance will depend on the scale of the GLX business relative to Sonic Foundry's other operations.
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