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Hitting Reset, Knewton Tries New Strategy: Competing With Textbook Publishers

Edsurge

Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. But in the past few years the company has suffered several setbacks—along with mounting criticism that its founding CEO, Jose Ferreira, overhyped its technology.

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One of the World’s Best-Funded Edtech Companies Is Investing In AI Moonshots. Can It Work?

Edsurge

The new hub, called Byju’s Lab , will also work on “moonshots” of developing new forms of digital tutoring technology, said Dev Roy, chief innovation and learning officer for BYJU’s, in a recent interview with EdSurge. And the child should be able to write in freehand—they shouldn't need access to a computer.”

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Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

Edsurge

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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Knewton, HP team up on personalized print solutions

eSchool News

Adaptive learning provider Knewton has unveiled Personalized Print Learning Solutions with HP to make adaptive learning materials seamlessly available across print and digital platforms. Not every student has access to a computer at home or in the classroom, and some simply prefer print materials.

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K-12 Dealmaking: Apple Acquires Learnsprout; Pearson, Knewton Turn to Adaptive Math

Marketplace K-12

Recent dealmaking news includes acquisitions by Apple and Excelligence Learning, and partnership between Pearson and Knewton. Pearson, Knewton Form Partnership: Pearson and Knewton have teamed up in an effort to “personalize” K–12 math education starting with elementary school students. The Knewton-powered enVisionMATH2.0

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Wiley Buys ZyBooks in $56M Cash Deal to Bolster Courseware Offerings

Edsurge

Textbook publishers, once considered likely and logical buyers for education technology startups, have lost a bit of their appetite. This marks Wiley’s second courseware purchase in three months, following on its acquisition of the much hyped (and generously funded) Knewton in May. Cengage and McGraw-Hill are merging— with each other.

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Knewton’s New Business Attracts New $25M in Funding. But Some Things Don’t Change.

Edsurge

The company that set the bar for hyping adaptive-learning technology has had to adapt to new leadership and a new business model. Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. Source: Knewton From a student’s perspective, Alta works primarily by asking questions.

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