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

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Smart Sparrow , which provides course-authoring tools for faculty and instructional designers to build adaptive courseware, has found a new home in a much bigger nest. The following year, Knewton was bought in a deal that has become a poster child for education technology hype. As part of the deal, most of its staff will join Pearson.

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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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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. Now one of its most high-profile content partners and investors, Pearson , is pulling back.

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Amid Struggles, Knewton Names Former Pearson Exec as New CEO

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Knewton pioneered adaptive-learning technology and amassed more than $157 million in venture capital, but lately the company has weathered through the loss of publishing partners and the departure of its outspoken founder. I got called by a recruiter about three months ago, and he mentioned adaptive,” Kibby says. “I

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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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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. Earlier this year Ferreira stepped aside as CEO, replaced by Brian Kibby , a veteran of major textbook companies including Pearson and McGraw-Hill. per month.

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Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

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Today, Pearson announced it will adopt a “digital first” approach to updating its higher ed course materials, meaning that any revisions or changes to textbook content will happen first in the digital version. The average price for a Pearson digital textbook subscription for a semester is $40, according to the company.

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