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

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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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Pearson Bets on Adaptive Learning (Again) With $25M Acquisition of Smart Sparrow

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The following year, Knewton was bought in a deal that has become a poster child for education technology hype. Department of Education to improve access to open-licensed educational materials, or OER. Ben-Naim says the acquisition by Pearson could “affect the plan,” which was to build OER content on Smart Sparrow.

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

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Public Interest Research Group, each new edition of a textbook cost 12 percent more than the previous one. higher ed courseware (both print and digital) could fall by as much as 5 percent from 2018, attributing the decline to projected lower student enrollments and growing adoption of OER materials. “A According to a study by U.S.

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

Edsurge

There’s Wiley, better known in academia and research, which recently acquired Knewton and zyBooks , to sell online higher-ed courseware. billion by a group of private equity firms, which split the business into two: Cengage and Nelson. Aside from the usual suspects, a host of other companies and upstarts now also compete with Top Hat.

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Education Technology and the Power of Platforms

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platforms are digital infrastructures that enable two or more groups to interact. It announced this year it was “ phasing out ” its reliance on Knewton provide those algorithms.). ” (Amazon Inspire is the company’s OER platform.) “At the most general level,” Srnicek writes.

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

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godfather” of OER and Chief Academic Officer of Lumen Learning), trace their roots here. The conference also welcomes the return of familiar faces in new gigs: former Knewton CEO is now with Bakpax, and Los Angeles Unified’s former superintendent John Deasy will share plans for rebuilding prisons to better serve incarcerated youths.

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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 Indian gaming company has raised $1.2