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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. And even before the management change, the company had quietly started building a huge library of courses bolted to its adaptive engine.

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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. No industry analyst we spoke with believes the sale price was anywhere near what Knewton had raised.

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

At the time, David Wiley expressed his concern that the lawsuit could jeopardize the larger OER movement, if nothing else, by associating open educational materials with piracy. The End of Library" Stories (and the Software that Seems to Support That). Siegler: “ The End of the Library.” Students would be required to pay.

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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. This week: “ OpenStax Partners with panOpen to Expand OER Access.” Its Crunchbase description is great : “TX-based edtech company.” million total.