Edsurge

SEPTEMBER 4, 2019

Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 Both companies’ boards of directors have approved the deal.

Chegg 128

Chegg Company Course Data 128

Edsurge

JULY 24, 2017

2U 2008 2014 $665M (IPO) Archipelago Learning 2000 2012 $302M (acquired by PLATO Learning) Chegg 2005 2013 $830M (IPO) Connections Education 2001 2011 $400M (acquired by Pearson) HigherOne 2000 2012 $260M (acquired by Blackboard) Instructure 2008 2014 $487M (IPO) K12.com Six of the deals took at least 10 years to materialize.

EdTech 98

EdTech Chegg Kaplan Coursera 98

Edsurge

MAY 2, 2017

Chegg was founded in 2005 and went public eight years later in 2013. When we do, the same dynamics that make the education market tough to scale make success so defensible and loyal. In recent memory, we launched Blackboard in 1997 and took the company public seven years later in 2004.

Blackboard 103

Blackboard Company Pearson LMS 103

Hack Education

DECEMBER 30, 2019

Kno was headed by Osman Rashid, the co-founder of the textbook rental company Chegg, and the tablet was aimed at the college market. Nicholas Negroponte first started talking up his vision for a $100 laptop at the World Economic Forum in 2005. You can learn anything on YouTube, we’ve been told.

Pearson 145

Pearson MOOC Company Software 145