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Public Edtech Companies Have Been Rare. These SPACs Will Change That.

Edsurge

Publicly traded education technology companies are rare. That leaves 2U, Chegg and Stride (formerly known as K12 Inc.) as the remaining trio of prominent edtech companies on the U.S. CLAS.U), a special purpose acquisition company headed by CEO Michael Moe, raised $225 million in its IPO. public market.

Company 154
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How Merger of Two Textbook Giants Could Impact Course Materials

Edsurge

That appears to be the hope of officials at the two companies, which have both been trying for years to shift the focus of their businesses from selling print books to shipping software and other online tools, and have recently been experimenting with subscription models. It won’t be that complicated,” he said.

Course 145
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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

This has led to higher education textbook publishers facing the brunt as that’s the only area where students and institutes can reduce their spends, by opting for digital textbooks instead. Students have welcomed this change as they now have a multitude of choice in the digital learning space. WANT TO KNOW HOW KITABOO WORKS?

Trends 97
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In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

Edsurge

It’s been about five years since Cengage Learning filed for bankruptcy , stumbling under the weight of shrinking print sales, a rough transition to digital and too much debt. The company reemerged a year later intent on growing its digital offerings and making more strategic acquisitions and partnerships.

Chegg 97
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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Reader, they were not.

Pearson 145
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Hack Education Weekly News

Hack Education

“ Betsy DeVos ’s For-Profit Strategy Is Risky – for Betsy DeVos,” says an op-ed in The Chronicle of Higher Education. ” Via Education Week : “Security Companies Sell School ‘Hardening’ as Mass-Shooting Solution.” The language learning company has raised $12.5