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.”

Knewton 110

Knewton Pearson Company Adaptive Learning 110

Edsurge

FEBRUARY 4, 2021

Another balding founder of a tech company is passing the baton off to a successor. No, this is not the same shellshock as Jeff Bezos’ resignation letter, nor is the company anywhere as big as Amazon. His successor will be Joe Rohrlich, who previously served as chief revenue officer for Bazaarvoice, an e-commerce analytics company.

Pearson 157

Pearson Knewton Company Industry 157

Edsurge

JANUARY 22, 2020

The following year, Knewton was bought in a deal that has become a poster child for education technology hype. Already, the Sydney, Australia-based company has pulled back on its social media presence. In 2014, the Gates Foundation awarded the company a $4.5 One such provider, Acrobatiq, was acquired in 2018.

Pearson 107

Pearson Adaptive Learning Knewton OER 107

Edsurge

DECEMBER 25, 2019

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 Billion Raised in 2018 by Tony Wan And if you think that’s a big figure, just wait until you see what American edtech companies hauled in this year. US Edtech Investments Peak Again With $1.45

EdTech 80

EdTech Knewton Pearson Coursera 80

Edsurge

APRIL 26, 2017

So states a recent Wall Street Journal report on the tens of billions of dollars that Chinese companies have poured on U.S. The “cultivation of students’ entrepreneurship and innovation capabilities and practical skills” was a priority in China’s 5-Year Plan for 2016-2020. Edtech Companies With Asia-Based Investors. Authess $2.2

EdTech 104

EdTech Knewton Company Robotics 104

Hack Education

DECEMBER 30, 2019

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Sometimes they strike a deal.

Pearson 145

Pearson MOOC Company Software 145

Hack Education

DECEMBER 22, 2016

“These Universities Are Training the World’s Top Coders,” according to Fast Company , which claims the best “coders” (whatever the hell that means) come from the Russian Federation College, ITMO University (Russia), Sun Yat-sen Memorial Middle School (China), and Ho Chi Minh City University of Science (Vietnam).

Education 40

Education Coursera lynda.com LMS 40