Edsurge
JANUARY 22, 2024
He says his team spent about five years trying, and along the way they helped build some small-scale attempts into learning products, such as a pilot chatbot assistant that was part of a Pearson online psychology courseware system in 2018. The assets of Knewton were quietly sold off a few years later.) They’re tools.
Edsurge
SEPTEMBER 7, 2019
When Wiley announced back in May that it had acquired Knewton, both companies kept mum on how much the deal was worth. In its most recent earnings report , which covers the three months ended July 31, 2019, Wiley disclosed that it had “spent $73 million in total on acquisitions in the quarter, including zyBooks and Knewton.”
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Edsurge
MARCH 14, 2022
Over the last few months, biotech company Theranos has re-entered the conversation due to a slew of newsworthy happenings—the Elizabeth Holmes trial finally came to an end with four of 11 charges of fraud, and Hulu announced The Dropout’s debut while Apple Original Films’s Bad Blood is currently in production. Money came flowing. No kidding.”
Edsurge
MAY 6, 2019
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.
Edsurge
JANUARY 18, 2018
So what will 2018 bring? What will be the most important strategic consideration for colleges in 2018? Is 2018 the time for my institution to take proactive concrete steps toward a merger or acquisition? What will be the most important new innovative practice in higher education in 2018?
Edsurge
JULY 1, 2019
based education company has acquired Zyante, Inc., This marks Wiley’s second courseware purchase in three months, following on its acquisition of the much hyped (and generously funded) Knewton in May. Wiley did not disclose how much it paid for Knewton, suggesting that that amount is likely smaller than this transaction.)
Edsurge
AUGUST 7, 2019
By comparison, in the first six months of 2018, companies raised $750 million across 62 deals. educational technology companies whose primary purpose is to support educators and learners across preK-12 and postsecondary education. Some companies count their accelerator funding into their subsequent seed rounds.
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