Edsurge
NOVEMBER 29, 2021
This month the company made clear its ambitious research agenda: to achieve the science-fiction dream of building next-generation teaching aids with artificial intelligence. We’ve not had an edtech company that has the scale and the size that Byju’s has that has said, ‘We are going to solve these problems.’” K-12 edtech market. “I
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.
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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.”
Edsurge
AUGUST 7, 2019
For the first half of 2019, the industry saw $962 million raised across 65 deals, the highest amount of funding at the halfway mark since at least 2015. By comparison, in the first six months of 2018, companies raised $750 million across 62 deals. Some companies count their accelerator funding into their subsequent seed rounds.
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
DECEMBER 25, 2019
Here’s a look at the biggest edtech business stories of 2019—the ones that captured the most attention, and the ones that should have your attention. But the Denver-based company may find itself in a crowded herd, with competitors new and old jostling for a slice of the $20 billion market. (We Yes, stay tuned for our 2019 analysis.)
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.)
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