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.

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. So the company has hit the reset button. The secret to its swift entry into publishing was OER (open education resources).

Knewton’s New Business Attracts New $25M in Funding. But Some Things Don’t Change.

Edsurge

The company that set the bar for hyping adaptive-learning technology has had to adapt to new leadership and a new business model. Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. The rest comes from company’s existing investors, including Accel, Atomico, Bessemer Venture Partners, FirstMark Capital, First Round Capital, Founders Fund and Sofina. Source: Knewton From a student’s perspective, Alta works primarily by asking questions.

Pearson, an Investor in Knewton, Is ‘Phasing Out’ Partnership on Adaptive Products

Edsurge

Throughout the past decade, Knewton ’s adaptive learning technology has been backed by some of the biggest names in the both the publishing and venture capital community. Pearson will no longer use Knewton’s adaptive learning engine for some of its digital offerings. The retrenchment delivers a setback to Knewton, for whom Pearson was the first—and most visible—partner. Through these partnerships, Knewton tags digital content with metadata and maps them onto a learning path.

Pearson Signals Major Shift From Print by Making All Textbook Updates ‘Digital First’

Edsurge

The biggest education company in the world is moving away from a production model that has been one of the main drivers in the rising cost of textbooks. The average price for a Pearson digital textbook subscription for a semester is $40, according to the company.

Of Openness, Ecosystems, and Type I and Type II Error

iterating toward openness

Andrew Rickard has written a thoughtful essay on OER, open pedagogy, and commercial interests. In it, he reflects on several topics, including his honest misgivings about the recent OpenStax / Knewton partnership announcement. There will be companies who will violate community norms.

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Consolidation, Collaboration or Closure? How Colleges Stay Alive in 2018

Edsurge

Paul Freedman: The innovation for 2018 will be “partnerships,” including partnerships between institutions (like the University Innovation Alliance or the active learning consortium) and partnerships between higher education institutions and for-profit companies (like Lyft and Guild Education). The last year certainly turned in its share of surprises. Prominent full-time MBA and law programs folded. Whole colleges closed, as did well-known bootcamps.

Saddle Up for Silicon Slopes! Our Guide to the 2017 ASU+GSV Summit

Edsurge

The region boasts an unusual concentration of highly-valued tech startups—Domo, Qualtrics and Inside Sales are among them—along with big education companies, including Instructure, the developer of the Canvas learning management system. godfather” of OER and Chief Academic Officer of Lumen Learning), trace their roots here. Missionaries also hone a valuable skill for any tech company looking to grow: communication. Polish the dress shoes. Stiffen those shirt collars.

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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.

Hack Education Weekly News

Hack Education

“ Apollo Education Group , the parent company of the University of Phoenix and Western International University , announced Thursday that it would eliminate the use of mandatory arbitration clauses in students’ enrollment agreements,” Inside Higher Ed reports. The New York Times on The Electronic Classroom of Tomorrow , an online charter school: “Online School Enriches Affiliated Companies if Not Its Students.” The Indian gaming company has raised $1.2

Hack Education Weekly News

Hack Education

He’s a partner at Founders Fund, which has invested in Knewton, AltSchool, Uversity, ResearchGate, If You Can, Upstart, Declara, and Affirm. On Thursday, the judge gave Google the victory , ruling that the company’s use of the Java API fell under fair use provisions. This week: “ OpenStax Partners with panOpen to Expand OER Access.” Its Crunchbase description is great : “TX-based edtech company.” Education Politics.

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