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Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

Edsurge

In the second eye-raising deal for the higher-ed publishing industry in as many weeks, Wiley, a major textbook publisher, has agreed to acquire the assets of Knewton, a provider of digital courseware and adaptive-learning technologies. The New York City-based company has raised more than $180 million in investment capital.

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Jeff Bezos Wants to Go to the Moon. Then, Public Education.

Edsurge

And we’ve only seen the beginning—within the next few years, the company is poised to disrupt the healthcare market, become the market leader in online advertising, establish itself as a competitor to USPS, FedX and UPS, and provide global access to broadband internet through a network of satellites orbiting the planet… to name but a few examples.

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Showing #OpenGratitude for: OpenStax

Iterating Toward Openness

From their website: OpenStax is a nonprofit based at Rice University, and it’s our mission to improve student access to education. Our first openly licensed college textbook was published in 2012, and our library since scaled to more than 20 books for college and AP courses used by hundreds of thousands of students.

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Why the World’s Youngest Continent Got an Edtech Accelerator

Edsurge

In 2012, 30 million primary-age children (or 1 out of 5) in sub-Saharan Africa did not attend any school. These services include access to an in-house “technical team to help support our startups,” Martin adds. In return, Injini takes up to 15 percent of equity in each company. “We Yet their prospects are perilous. Yet the U.S.

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A Turnaround Within: How a Texas College Boosted Its Graduation Rates—and Morale

Edsurge

TEXARKANA, Texas — “Hope” was a popular word during the 2012 election season. But a money crisis wasn’t the only challenge Texarkana College was facing in 2012. Ali Robinson, director of media relations at Ellucian, wrote in an email that the company is “unable to publicly comment on specific customer contracts.”)

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K-12 Dealmaking: Apple Acquires Learnsprout; Pearson, Knewton Turn to Adaptive Math

Marketplace K-12

“With acquisitions being a critical component of our five-year strategic plan, Really Good Stuff represents a perfect archetype: strong brand equity, extremely loyal customers, complementary products and access to new market segments,” said Excelligence CEO Kelly Crampton in a statement. The Knewton-powered enVisionMATH2.0

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How AI Will Save Education

Adam Watson Edtech Elixirs

Consider the following developments in artificial intelligence: In 2016, the Associated Press began outsourcing its minor-league baseball dispatches to a company called Automated Insights. A decade ago, I was a high school English teacher blissfully naive to what radical changes were coming thanks to edtech.

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