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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

Edsurge

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 It is expected to close in the fourth quarter.

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Fueled by Big Rounds, Edtech Funding Surges to $887M in First Half of 2017

Edsurge

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.

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Blackboard Co-Founder: ‘4 Secrets to Building a Tech Company for Higher Ed’

Edsurge

Colleges were spending millions networking classrooms and residence halls, and I wondered about the absence of technology in the “front office” for teaching and learning. Equally important to our product strategy were “The Two Commandments:” Ease of use and enterprise technology. It was a tools and technology and service provider.

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

For the past ten years, I have written a lengthy year-end series, documenting some of the dominant narratives and trends in education technology. The organization, which was founded in 1994, was best known for its annual Horizon Report, its list of predictions about the near-future of education technology. Um, they do.)

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