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

eSchool News

Pearson (FTSE: PSON.L) today announced plans to further expand its beta AI study tools into additional Pearson+ eTextbooks. Generative AI tools are an increasingly popular feature for thousands of students in both Pearson+ eTextbooks and in Pearson’s MyLab and Mastering homework platforms.

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Pearson Taps Former Disney Executive Andy Bird as Next CEO

Edsurge

Pearson is looking for some magic to support its transition from textbook publisher to digital education company. Today, the company announced that Andy Bird, former chairman of Walt Disney International, will be Pearson’s next chief executive, starting October 19. million worth of Pearson shares. In the U.K., billion in sales.

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Chinese Hackers Targeted Pearson, Accessing Millions of Student Records

Marketplace K-12

Pearson was the unnamed education software company that federal prosecutors said was the victim of Chinese hackers, who last year targeted companies across several industries. The post Chinese Hackers Targeted Pearson, Accessing Millions of Student Records appeared first on Market Brief.

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

Edsurge

Today, Pearson announced it will adopt a “digital first” approach to updating its higher ed course materials, meaning that any revisions or changes to textbook content will happen first in the digital version. The average price for a Pearson digital textbook subscription for a semester is $40, according to the company.

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

Edsurge

Last week, Pearson announced it paid $25 million to acquire Smart Sparrow’s technology, in a move that the publisher says will bolster the digital infrastructure that will soon support all its future higher-education offerings. As part of the deal, most of its staff will join Pearson. million last year from the U.S.

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SIIA, a Pioneering Convenor for the Edtech Industry, Scraps Its Conferences

Edsurge

What was once the premier, must-go conference in the education technology industry is now going away. Last week, the Software and Information Industry Association (SIIA) announced that its education technology group will no longer operate as its own division beginning July 1. Panels and keynotes covered the latest industry trends.

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