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Jose Ferreira Steps Down as Knewton CEO, Eyes Next Education Startup

Edsurge

Knewton has decided to step down from the perch and lay low—for now. Ferreira’s decision marks the end of a nearly nine-year run at Knewton, where he strived to build technology to pinpoint what students know, don’t know and should learn next. So it comes as a surprise that the founder and CEO of.

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

Edsurge

This marks Wiley’s second courseware purchase in three months, following on its acquisition of the much hyped (and generously funded) Knewton in May. Wiley did not disclose how much it paid for Knewton, suggesting that that amount is likely smaller than this transaction.) Wiley reported having roughly $93.5

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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. Bloomberg first reported the purchase on January 28. Utilizing New York-based Knewton’s adaptive learning platform, Pearson says it will update its digital curriculum, enVisionMATH2.0.

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ACT’s Latest Act: Investing in an Open-Source Assessment Startup

Edsurge

Its latest act: making a strategic investment in Open Assessment Technologies (OAT), a San Francisco-based startup that offers open-source tools for building and delivering digital tests. Besides just being an assessment company, we’re also becoming a learning and navigation company,” Roorda tells EdSurge in an interview.

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K-12 Dealmaking: Knewton Raises $52M; Imagine K12 Merges with Y Combinator

Marketplace K-12

Venture capital deals in the ed-tech market dominated the news over the past week, with companies such as Knewton, SchoolMint, and NuuEd announcing the completion of funding rounds as well as ed-tech accelerator Imagine K12 merging with the Y Combinator fund. Imagine K12 Merges With Y Combinator: The Redwood City, Calif.-based

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

Edsurge

The following year, Knewton was bought in a deal that has become a poster child for education technology hype. ACT, the group best known for its assessment used in college admissions, invested $7.5 In an update on its 2019 full-year performance , Pearson reported a 12 percent decline in its overall U.S. million in 2018.

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With Eyes on Asia, Kidaptive Raises $19.1M to Grow Its ‘Invisible’ Adaptive Learning Platform

Edsurge

Of this amount, Woongjin invested $5 million in return for a 10 percent stake in Kidaptive, reports The Korea Herald. Kidaptive first entered the edtech market in 2012 with Leo’s Pad, a game-based learning app that offered mini-games and puzzles to assess cognitive skills in young children. Back in the U.S.,