China’s NetDragon to Acquire Edmodo for $137.5 Million
APRIL 9, 2018
China’s NetDragon has gobbled up another education technology company. This time, it’s Edmodo , one the largest online social communities of teachers and students in the world. million for Edmodo. The deal could mark the beginning of the end for the “free” model of education technology, at least for standalone education companies without other strong revenue streams to support them. Also like Facebook, Edmodo grew rapidly.