Edsurge

MAY 12, 2017

Throughout the past decade, Knewton ’s adaptive learning technology has been backed by some of the biggest names in the both the publishing and venture capital community. Now one of its most high-profile content partners and investors, Pearson , is pulling back.

Knewton 81

Knewton Pearson Adaptive Learning Company 81

Edsurge

NOVEMBER 30, 2017

Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. Earlier this year Ferreira stepped aside as CEO, replaced by Brian Kibby , a veteran of major textbook companies including Pearson and McGraw-Hill. per month.

Knewton 118

Knewton Strategy OER Pearson 118

Edsurge

JULY 15, 2019

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.

Pearson 166

Pearson OER Company Knewton 166

Edsurge

JANUARY 22, 2020

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. The following year, Knewton was bought in a deal that has become a poster child for education technology hype.

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Pearson Adaptive Learning Knewton OER 101

Edsurge

MAY 6, 2019

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.

Knewton 143

Knewton OER Industry Adaptive Learning 143

Edsurge

AUGUST 21, 2018

Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. Brian Kibby, CEO of Knewton Getting into the courseware business marks a major pivot for the New York City-based company, which originally licensed its adaptive learning technology to publishers. Sample screenshot of what students see in Alta.

Knewton 66

Knewton OER Pearson Adaptive Learning 66

Edsurge

MAY 26, 2020

It has even tried partnering with publishers like Pearson to digitize their print materials, according to Silagadze. There’s Wiley, better known in academia and research, which recently acquired Knewton and zyBooks , to sell online higher-ed courseware. For openly-licensed materials, there’s Lumen Learning and OpenStax.

Knewton 133

Knewton Company OER Pearson 133