Edsurge
NOVEMBER 30, 2017
Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. The secret to its swift entry into publishing was OER (open education resources). On its website, Knewton describes its new online textbooks as “ course products.”
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. No industry analyst we spoke with believes the sale price was anywhere near what Knewton had raised.
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Edsurge
AUGUST 21, 2018
Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. Brian Kibby, CEO of Knewton Getting into the courseware business marks a major pivot for the New York City-based company, which originally licensed its adaptive learning technology to publishers. Sample screenshot of what students see in Alta.
Edsurge
JANUARY 22, 2020
The following year, Knewton was bought in a deal that has become a poster child for education technology hype. Department of Education to improve access to open-licensed educational materials, or OER. Ben-Naim says the acquisition by Pearson could “affect the plan,” which was to build OER content on Smart Sparrow.
Edsurge
JULY 15, 2019
And focusing on digital makes the secondary textbook market even less attractive, since students have to buy access directly from Pearson to get course materials. A bundle that includes access to its other online tools, including MyLab and Mastering, costs about $79. But the company is not cutting the cord with print.
Edsurge
MAY 26, 2020
There’s Wiley, better known in academia and research, which recently acquired Knewton and zyBooks , to sell online higher-ed courseware. Aside from the usual suspects, a host of other companies and upstarts now also compete with Top Hat. For openly-licensed materials, there’s Lumen Learning and OpenStax.
Hack Education
DECEMBER 9, 2017
. …This is key to its advantage over traditional business models when it comes to data, since a platform positions itself (1) between users, and (2) as the ground upon which their activities occur, which thus gives it privileged access to record them. ” (Amazon Inspire is the company’s OER platform.)
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