The Hechinger Report

JUNE 18, 2020

But for some online education companies, the upheaval represents a chance to profit. Last month, Hechinger reported that website traffic was surging for some ed tech companies. Connections Academy, the virtual school run by Pearson, saw “strong increases in application volumes” in March. In 2016, the company reached a $168.5

Company 97

Company Facebook Education Pearson 97

eSchool News

JULY 5, 2023

Orlando, Florida – Certiport, a Pearson VUE business and the leading provider of performance-based IT certification exams that accelerate academic and career opportunities for learners, today announced the winners of the 2023 Microsoft Office Specialist US National Championship. in the United States and other countries.

Microsoft 58

Microsoft Pearson Secondary Adobe 58

Marketplace K-12

JANUARY 21, 2016

Pearson today announced that it is responding to rocky conditions and poor performance in international markets by laying off 4,000 workers and putting a greater focus on adaptive courseware and classroom products, as well as blended and online learning. Ramping Up Online Programs.

Pearson 40

Pearson Company Education Common Core 40

Marketplace K-12

JULY 29, 2016

The stock price for Pearson PLC , the world’s largest education business, dropped precipitously Friday after its announcement of a 7 percent decline in underlying sales to about $2.5 billion for the first half of 2016. Pearson’s stock drops after half-year results are announced. Source: Google Finance. and the U.K.,

Pearson 40

Pearson Common Core Company Assessment 40

Marketplace K-12

FEBRUARY 1, 2016

Recent dealmaking news includes acquisitions by Apple and Excelligence Learning, and partnership between Pearson and Knewton. acquired the San Francisco-based startup that helps K-12 educators “use data to analyze the past, understand the present, and anticipate the future,” according to the company’s Twitter page.

Knewton 40

Knewton Pearson Adaptive Learning Company 40

Edsurge

JANUARY 26, 2022

And even now, some of the company's other services appear to still be down, according to updates from the company. There’s been a five-fold increase in incidents since 2016, with 1,180 reported incidents connected to U.S. And companies have not always been candid when they’ve experienced a significant attack.

EdTech 117

EdTech Tools Pearson Company 117

Edsurge

MAY 1, 2019

He alleged that the university was requiring students in many microeconomics courses to buy a digital homework tool called MindTap so that the university would get for a grant from Cengage, the textbook company that makes it. The combined companies would form the second largest textbook publisher, behind Pearson.

Adaptive Learning 119

Adaptive Learning Pearson Company Social Media 119

Edsurge

DECEMBER 28, 2018

How the Company Aims to Catch Tutoring Requests That Go Too Far. Here’s a look at how the education company is responding. What’s Next for Pearson? The digital era has rocked the once-steady foundation for education kingmakers like Pearson. In 2016, the company reported its largest loss in its history, down $3.3

MOOC 118

MOOC Coursera Chegg Pearson 118

Edsurge

DECEMBER 4, 2018

Last summer, the San Francisco-based company invited several dozen educational publishers and organizations to create and sell materials to Quizlet users, as part of a closed beta program. Today, the company announced it is inviting any content creator, including individual educators, to apply for its Premium Content program.

Pearson 93

Pearson Kaplan Company Education 93

eSchool News

NOVEMBER 16, 2015

Nine New Jersey elementary middle school students are joining forces with Pearson designers and developers to help the company design features for digital learning solutions. Participants in Kids CoLab Hoboken will meet virtually and face-to-face throughout the 2015-2016 school year with teams from Pearson.

Pearson 40

Pearson STEM Digital Learning Groups 40

Edsurge

NOVEMBER 27, 2019

Four years ago, when Hardeep Gulati took over as CEO of PowerSchool, the company numbered around 400 employees. The private equity firm purchased PowerSchool from Pearson for $350 million in 2015, and has since spent hundreds of millions more on acquisitions.

Schoology 145

Schoology Data Haiku Learning Pearson 145

Edsurge

SEPTEMBER 8, 2017

Mercier, who’s starting his second year studying business management at City, University of London’s Cass Business School in a couple of weeks, found three of them on a new service called Perlego , a UK-based company which wants to be the Netflix of academic content. One partner, Pearson, took a pre-tax loss of approximately $3.2

Pearson 101

Pearson Case Study Company Tablets 101

Edsurge

JUNE 23, 2020

Its early work focused on lobbying on behalf of its members, which also included companies across the banking, financial and trade publishing sectors. SIIA also created an “incubator” program in 2006 to support early-stage education companies, long before the idea became popular in the edtech industry. billion in U.S.

Industry 150

Industry Conference EdTech Student Data Privacy 150

Edsurge

JULY 11, 2019

When deciding whether a company is viable to be bought, CareMonkey president Peter Bencivenga says the magic number is 90 percent. That number refers to customer retention rate, and Bencivenga said he’s called off potential acquisitions when a company’s performance in this department isn’t up to snuff.

Technology 113

Technology Education Company Pearson 113

The Hechinger Report

SEPTEMBER 24, 2021

It’s a virtual charter school, the tuition paid with taxpayer dollars, run by the for-profit charter management company ACCEL Schools. Pearson, the parent company of Connections Education, the second largest for-profit online charter operator, reported enrollment growth in its virtual schools division of 20 percent in 2020.

E-rate 128

E-rate Pearson Company Report 128

Edsurge

OCTOBER 24, 2019

Founded in 1997, Powerschool was first bought by Apple in 2001, and then by Pearson in 2006. Since 2015, PowerSchool has acquired eight companies. Schoology would be PowerSchool’s second purchase of a learning management system (LMS), after it acquired Haiku Learning in 2016. Given their respective footprints in the U.S.

Schoology 84

Schoology LMS Moodle Haiku Learning 84

Edsurge

MAY 6, 2019

Publicly-traded companies like Wiley generally share the price of their acquisitions, unless the financial impact is considered immaterial to the buyer’s bottom line. The New York City-based company has raised more than $180 million in investment capital. In its latest fiscal year earnings summary (for Nov. 1, 2018 to Jan.

Knewton 135

Knewton OER Industry Adaptive Learning 135

Edsurge

DECEMBER 19, 2017

After a lull in 2016, venture activity for U.S.-based So far this year, these companies raised over $1.2 By contrast, in 2016, investors put $1 billion into 138 deals. educational technology companies whose primary purpose is to improve outcomes for teachers and learners across K-12 and higher education. edtech companies.

EdTech 90

EdTech Pearson Company Knewton 90

Edsurge

JULY 1, 2019

Pearson has bowed out (but started its own investment fund ). based education company has acquired Zyante, Inc., based company, which has a team of 84 full-time staff and contractors that will join the new owner, according to Gavin Chow, Wiley’s vice president of strategy and performance. The Hoboken, N.J.-based

Knewton 114

Knewton Pearson Company Course 114

Edsurge

APRIL 26, 2019

The nonprofit publisher of K-12 curriculum launched in 2016 expecting an audience for its digital offerings. higher education courseware in 2015, down from 50 percent the year before, according to a 2018 report from Macquarie, an investment bank and financial services company. Just ask Jessica Reid Sliwerski, CEO of Open Up Resources.

Chegg 157

Chegg Software Industry Pearson 157

Edsurge

MARCH 20, 2018

Caffeinated founders paced the lobby in colorful T-shirts splattered with their company logos, polishing their pitches for their on-stage presentation and meetings with potential investors. What he has yet to find—but which he says Y Combinator would be willing to invest in—are companies that can help support and run new school models.

Technology 110

Technology Education Company Pearson 110

Edsurge

APRIL 25, 2019

Textbook companies defend their new model, arguing that digital titles help students learn better than past methods and are sold for far less than traditional textbooks. One of those students is Addison Wright, a junior at ASU who took Goegan’s course in the spring of 2016.

Pearson 156

Pearson Course Social Media Company 156

Edsurge

AUGUST 23, 2016

I’m excited for the industry’s future, and I think we can make money investing in publicly-traded edtech companies. Vanguard index fund which tracks the biggest companies on the NYSE and NASDAQ exchanges. Back in 2012, there were seven companies that fell into this category. My edtech portfolio was more difficult to assemble.

EdTech 60

EdTech Pearson Chegg Company 60

Edsurge

MAY 16, 2018

They started the company to solve a challenge that they both knew well: how to provide fast and actionable feedback to writing students. The company has also begun partnering with other companies such as Pearson and Microsoft. Writing tools are particularly interesting to the company. Ramireze said.

Chegg 67

Chegg Tools Pearson EdTech 67

Edsurge

OCTOBER 10, 2017

In South Africa, the youth unemployment rate topped 50 percent in 2016. Previously a consultant and policy adviser to Michael Gove, the United Kingdom’s former Secretary of Education, Martin first explored growth opportunities for international education companies in Africa in 2015, after leaving his gig at Boston Consulting Group.

EdTech 92

EdTech Pearson Company Industry 92

Edsurge

JULY 24, 2017

edtech companies last year, the dollars returned with a fury during the first six months of 2017. edtech startups is already at 88 percent of the total in 2016 ( which was $1 billion ). Several private-equity-backed companies have invested heavily in the “platform” approach. After a dip in dealflow and venture capital to U.S.

EdTech 91

EdTech Chegg Kaplan Coursera 91

Hack Education

DECEMBER 9, 2017

At the time, I wrote about the importance of APIs; the issues surrounding data security and privacy; the appeal of platforms for users and businesses; and the education and tech companies who were well-positioned (or at least wanting) to become education platforms. The company has raised some $77.5

Technology 62

Technology Pearson LMS Edmodo 62

Edsurge

OCTOBER 27, 2016

Canvas , whiteboards and a company called Blackboard. hulking gathering of higher-ed technology staff, faculty and companies. hulking gathering of higher-ed technology staff, faculty and companies. 1 priority for 2016? FROM JEOPARDY TO TUTORING: Pearson is adding IBM’s Watson as a tutor to its online college courses.

Pearson 60

Pearson Blackboard Survey Learning Analytics 60

The Hechinger Report

OCTOBER 8, 2018

Red states are where the annual issuance of new high school equivalency diplomas has fallen by more than 50 percent between 2012 and 2016. Specifically, the annual number of test takers who completed one of the three exams has fallen more than 45 percent from more than 570,000 in 2012 to roughly 310,000 in 2016. Data source: Thomas J.

Comparison 102

Comparison Data Secondary Report 102

Marketplace K-12

AUGUST 29, 2016

Two assessment companies—Educational Testing Service and Data Recognition Corp.—are The Texas Education Agency announced last week that it will collect a fine from ETS, the company responsible for the statewide delivery and administration of its State of Texas Assessments of Academic Readiness tests, with liquidated damages amounting to $5.7

Assessment 63

Assessment Pearson Common Core Company 63

Edsurge

DECEMBER 18, 2019

There’s a job opening for a CEO at a global education company with a $6.6 Pearson CEO John Fallon today announced plans to retire in 2020 after a successor has been appointed. Sidney Taurel, chairman of the company’s board of directors, is leading the search for the next chief executive. billion market value.

Pearson 138

Pearson Company Report Strategy 138

Edsurge

JANUARY 10, 2017

education technology startups ebbed in 2016, dipping roughly 30 percent in deal volume and value from the previous year. 2016 US Edtech Funding Totals $1 Billion. In addition to the Engrade and Smarter acquisitions, another Rethink portfolio company, 2U, went public in 2014. Venture capital for U.S.

EdTech 60

EdTech lynda.com Education Company 60

Edsurge

AUGUST 28, 2019

While some institutions have tried to punt responsibility for the accessibility of digital tools to the companies that produce them, that reasoning hasn’t persuaded federal agencies or judges. In 2016, when WebAIM ran automatic testing on 14 web pages from 62 large universities (including at least one from each U.S.

Social Media 103

Social Media Accessibility CMS Facebook 103

Edsurge

JUNE 18, 2017

Between 2004 and 2011, I worked as an executive in SchoolNet and Kaplan, both of which grew into successful and innovative education companies. They’ve developed a keen ability to spot other education companies with the potential to capitalize on giant pools of revenue created by tiny legislative changes. billion in 2010.

Kaplan 158

Kaplan Technology Education EdTech 158

eSchool News

OCTOBER 19, 2016

In 2014, a student data privacy controversy sparked around the practices of a new digital learning company inBloom , which then kick-started a debate on student privacy and data storing and sharing that has not yet abated. Others argued that the company was simply protecting the integrity of its tests. Controversy over weakened laws.

Student Data Privacy 40

Student Data Privacy Data Pearson Social Media 40

Marketplace K-12

MAY 16, 2016

PowerSchool purchased an IEP management business while ed-tech companies including Speakaboos, FreshGrade and Nearpod received significant investments. based MAXIMUS partners with state, federal and local governments to provide health and human service programs and solutions to a diverse array of communities, according to the company website.

Company 49

Company Pearson Software Libraries 49

Edsurge

OCTOBER 12, 2016

based company today announced it’s raised a $4 million seed round led by Osage Venture Partners, with participation from New Markets Venture Partners, 500 Startups and others. Noodle Partners landed its first customer, Pepperdine University, in March 2016, and the company will launch 10 more online degree programs this spring.

Company 60

Company Pearson Industry Outcomes 60