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Renaissance Learning to Acquire Nearpod in Blockbuster $650M All-Cash Deal

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The company is also currently turning a profit, according to Carrera. Serious conversations between the two companies began last November, as Renaissance was scanning the market for tools that would help educators deliver online lessons in real-time and asynchronously, according to Todd Brekhus, chief product officer of Renaissance Learning.

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TenMarks Shutdown Leaves Teachers Wanting, Competitors Circling

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School and district users had ample warning about the demise of the adaptive K-12 math and writing software—the company issued a notice on its site 15 months ago—and yet many say that the off-boarding process was not a smooth one. Its parent company, 3P Learning, promises to price-match on districts’ most recent TenMarks contract.