K-12 Dealmaking: Chegg Acquires Easy Solutions; Age of Learning Raises $150 Million

Marketplace K-12

The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. Chegg Acquires Imagine Easy Solutions: The learning platform provider has acquired Imagine Easy Solutions , the provider of EasyBib.com and other writing tools, for approximately $42 million in an all-cash transaction, Santa Clara, Calif.-based based Chegg said in a statement.

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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

But now I can report that these tools have been adopted in thousands of U.S. higher education courseware in 2015, down from 50 percent the year before, according to a 2018 report from Macquarie, an investment bank and financial services company.

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Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

Edsurge

In Pearson’s 2017 full-year results report , the publisher stated that “we have concluded the strategic review of our US K12 courseware business and have classified the business as held for sale.” But those moves may finally be bearing fruit, as the company reported a 2017 adjusted operating profit of £576 million (approximately US $804 million), one year after posting a $3.3 higher-education courseware and in-school assessment in the U.S.

Hack Education Weekly News

Hack Education

“ Lights go out at Education Department headquarters – and may stay off for some time,” The Washington Post reports. The Senate Judiciary Committee is expected to push ahead with his nomination today, despite the numerous reports now about Brett Kavanaugh ’s history of drunkenness and alleged sexual assault. ” Via the ACT press release : “ ACT to Deliver Assessment for the Moral Education Program to Students in the UAE.”

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Hack Education Weekly News

Hack Education

Assessing Betsy DeVos ’ Rollback on Disability Rights ” by Pacific Standard’s David Perry. Via Inside Higher Ed : “The growing number of jobs in the computing field far outpaces how many students are earning bachelor’s degrees in computer science and similar fields, according to a lengthy new report from the National Academies of Science, Engineering and Medicine.” Chegg has acquired Cogeon for $15 million.

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5 Ed-Tech Ideas Face The Chronicle’s Version of ‘Shark Tank’

Wired Campus

Blumenstyk as a reporter surveying the landscape, Mr. Jones as a professor and administrator at a college, and Mr. Freedman as an investor looking for the next big thing in education technology. And then lastly a lot of these Learning Gadgets allow you to bring in third-party content — so almost anything that exists on the web you can bring right into a Versal course, organize it, organize it in lessons, put assessments in between, and so on.

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