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Big Deals: Edtech Industry News From HMH, Pearson, and Equal Opportunity Schools (EOS)

eSchool News

“As we enter the AI age of technology, we see tremendous opportunity to leverage HMH’s unparalleled curriculum and customer relationships to deliver edtech’s next chapter to connect students and teachers in thinking, writing, and communication. Pearson (FTSE: PSON.L)

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Edtech Providers Collaborate for a Unified Approach to Interoperability

Edsurge

In the realm of education technology, a similar disarray unfolds without a standardized system for edtech interoperability. Andrea Press Classroom Assessment Technical Support Supervisor Pearson Interoperability in education allows different software applications to communicate and work together effectively.

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Early Edtech Giant PowerSchool Goes Public

Edsurge

Then publishing giant Pearson bought it from Apple in 2006. But by 2015, Pearson was looking to unload PowerSchool , which was bought by the private-equity firm Vista Equity Partners for $350 million. She called the pandemic a “seminal moment” for edtech. PowerSchool is one of a string of edtech IPOs this year.

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Pearson Sells Mixed Reality Learning Unit to a New Company, GIGXR

Edsurge

As Pearson resumes its education technology investment activity, the publisher is also divesting other edtech assets at the same time. 16, Pearson announced the first two deals made by its recently formed venture fund , which invested $4.2 All 16 staff formerly on that Pearson team will make the transition to the new company.

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Pearson Still Won’t Buy Your Startup. But It May Invest in It.

Edsurge

Pearson probably still won’t buy your startup. Today, the publisher announced the launch of Pearson Ventures, a $50 million fund earmarked for education technology startups raising Series A and B rounds. The fund is framed as an effort to “future proof the company,” says Owen Henkel, managing director of Pearson Ventures.

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The Next Wave of Edtech Will Be Very, Very Big — and Global

Edsurge

Braced for the next wave of edtech? The most recent player to step into the edtech spotlight is India’s Byju’s. Byju’s growth demonstrates how the edtech market is truly becoming borderless,” says Isabelle Hau, a longtime global impact education funder who is working on a book on early childhood learning. “We It will be big.

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Pearson Efficacy Study Highlights the Challenge of Letting Students Retest

Edsurge

Emily Lai, Director of Formative Assessment and Feedback at Pearson But new, externally audited, efficacy research from Pearson about one of the company’s third-party apps shows a significant correlation between increased retesting and lower overall course performance.

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