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Hitting Reset, Knewton Tries New Strategy: Competing With Textbook Publishers

Edsurge

Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. Now the company has pivoted, and it is poised to formally announce its own online courseware that will compete head-to-head with those publishing giants.

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Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

Edsurge

In the second eye-raising deal for the higher-ed publishing industry in as many weeks, Wiley, a major textbook publisher, has agreed to acquire the assets of Knewton, a provider of digital courseware and adaptive-learning technologies. The New York City-based company has raised more than $180 million in investment capital.

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Digital Courseware Provider Top Hat Gets $130M and a New CEO

Edsurge

Another balding founder of a tech company is passing the baton off to a successor. No, this is not the same shellshock as Jeff Bezos’ resignation letter, nor is the company anywhere as big as Amazon. His successor will be Joe Rohrlich, who previously served as chief revenue officer for Bazaarvoice, an e-commerce analytics company.

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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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Top Hat Buys Canadian Textbook Business to Compete With Publishers in Digital Courseware

Edsurge

The term comes from the physical devices that other companies used to sell, where students literally pressed buttons to respond to multiple-choice questions. The Toronto-based company once relied on textbook publishers to distribute its technology. To date, the company has raised $105 million in venture capital.

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Education Technology and the Power of Platforms

Hack Education

At the time, I wrote about the importance of APIs; the issues surrounding data security and privacy; the appeal of platforms for users and businesses; and the education and tech companies who were well-positioned (or at least wanting) to become education platforms. The company has raised some $77.5

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Ed Tech News, a New Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

ANNOUNCEMENTS The Library 2.011 worldwide virtual conference is almost here! Huge thanks to the San Jose State University School of Library and Information Science , the founding sponsor of the conference. Valve , the company behind the video game hit Portal, is working on an educational game.

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