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Pearson To Scale Back Partnership With Adaptive Learning Provider Knewton

Marketplace K-12

Going forward, Pearson “is developing its own in-house adaptive learning capability,” said a representative for the company. The post Pearson To Scale Back Partnership With Adaptive Learning Provider Knewton appeared first on Market Brief.

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Knewton Was Acquired For Less Than $17M, and Former CEO Brian Kibby Has Left

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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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Founder of Adaptive Learning Company Knewton to Leave CEO Position

Marketplace K-12

Jose, Ferreira, who launched the global adaptive technology company in 2008, will remain on the board of directors. The post Founder of Adaptive Learning Company Knewton to Leave CEO Position appeared first on Market Brief.

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

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Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. Now the company has pivoted, and it is poised to formally announce its own online courseware that will compete head-to-head with those publishing giants.

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Who is the Theranos of Education?

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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.”

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Pearson Bets on Adaptive Learning (Again) With $25M Acquisition of Smart Sparrow

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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 recent years, Dror-Naim says his team has been building the next iteration of its adaptive course-creation tool.

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Pearson, an Investor in Knewton, Is ‘Phasing Out’ Partnership on Adaptive Products

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Throughout the past decade, Knewton ’s adaptive learning technology has been backed by some of the biggest names in the both the publishing and venture capital community. Pearson will no longer use Knewton’s adaptive learning engine for some of its digital offerings.

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