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

Edsurge

Ever since taking the helm as CEO in 2015, Marten Roorda says ACT has closed 10 deals in which it has invested in, acquired or formed strategic partnerships with educational companies. 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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October 24 - Ed Tech News, Our Weekly Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

Jetpack will allow them to download their course materials -- handouts, readings, videos, links, audio -- directly to their phones. Once downloaded, students will be able to access the "packs," even when they''re offline. Revenue for the company''s fourth quarter totalled $1122 million, a 10.9% Definitely worth a listen.

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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. Sometimes they strike a deal.

Pearson 145