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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. based Chegg said in a statement. based OpenEd says offers half a million assessments, homework assignments, videos, games and lesson plans to teachers, schools and districts across the United States.

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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.” higher-education courseware and in-school assessment in the U.S. Along with the businesses it has sold, it also axed thousands of employees.

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The Post-Pandemic Outlook for Edtech

Edsurge

Districts expressed interest in additional DreamBox products that address other pandemic-related problems, like its new predictive analytics tool, designed to assess student progress and learning loss in lieu of now-canceled standardized tests. The positive report sent stock values soaring more than 30 percent.

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Duolingo IPO Shows Investors Think Edtech Is Still Growing.

Edsurge

As a string of online-education companies have gone public, including Chegg, Coursera, Kahoot and others, it seems that investors have decided that there’s enough public interest in digital learning, and they want in. But the company’s growth has been helped by another, more recent offering: an English test.

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Course Hero Adds $70 Million to Series B Fundraise

Edsurge

Many of its services are similar to those offered by Chegg, a publicly traded education company that has also seen a meteoric growth in usage and revenue since the pandemic hit. Company officials say it has policies and processes in place to remove offending material (though the onus still falls largely on faculty to report them).

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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. classrooms from kindergarten through high school.” It’s a coexistence.

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Best Second Jobs for Teachers

Educational Technology and Mobile Learning

Chegg Tutors : Chegg is a popular platform that connects students to tutors in a wide range of subjects. Here are some of the types of resources a teacher might create and sell: Lesson Plans: Detailed plans that outline objectives, materials, procedures, and assessments for a particular lesson.

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