Edsurge

MAY 16, 2018

Chegg announced today that it bought the Berkeley-based startup for about $15 million in an all-cash transaction. The company has also begun partnering with other companies such as Pearson and Microsoft. The acquisition by Chegg is the kind of outcome that entrepreneurs and investors have long hoped to see in the edtech world.

Chegg 68

Chegg Tools Pearson EdTech 68

Edsurge

MAY 12, 2020

Chegg The bottom line: Chegg’s first quarter delighted investors. Fueling that growth is Chegg Services, which brought in just over $100 million in revenue last quarter, a 33 percent increase over Q1 2019. As such, it is difficult to predict how much, if any, of Chegg's first half momentum will continue.” What’s ahead?

Company 108

Company Chegg EdTech Pearson 108

Edsurge

DECEMBER 17, 2019

Pearson Ventures, International Finance Corp., In a statement Monday, Pearson announced its $2.2 As part of Pearson Ventures’ first investments, it also gave $2 million to Knowledge to Practice, a Bethesda, Md. Graduates have landed jobs with employers like Microsoft, Facebook and Boeing. Reach Capital led the round.

Pearson 83

Pearson Chegg Microsoft Facebook 83

Hack Education

JULY 6, 2018

Via Inside Higher Ed : “ Pearson today signaled an increased focus on artificial intelligence and personalized learning with the appointment of former Intel executive Milena Marinova.” ” Though a goal of AI is automation, Marinova stressed that Pearson’s intent is not to replace instructors, but to help them.

Education 46

Education Pearson MOOC Chegg 46

Hack Education

DECEMBER 30, 2019

In 2012, Pearson, Cengage Learning, and Macmillan Higher Education sued Boundless Learning, claiming that the open education textbook startup had “stolen the creative expression of their authors and editors, violating their intellectual-property rights.” Pearson PARCC "Spies" on Students. Textbook Publishers vs. Boundless.

Pearson 145

Pearson MOOC Company Software 145