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Knewton Was Acquired For Less Than $17M, and Former CEO Brian Kibby Has Left

Edsurge

When Wiley announced back in May that it had acquired Knewton, both companies kept mum on how much the deal was worth. In its most recent earnings report , which covers the three months ended July 31, 2019, Wiley disclosed that it had “spent $73 million in total on acquisitions in the quarter, including zyBooks and Knewton.”

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Wiley Buys ZyBooks in $56M Cash Deal to Bolster Courseware Offerings

Edsurge

Pearson has bowed out (but started its own investment fund ). the developer of zyBooks , a digital courseware platform for computer science and STEM courses. This marks Wiley’s second courseware purchase in three months, following on its acquisition of the much hyped (and generously funded) Knewton in May.

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Deals and More Deals: The Top Edtech Business Stories of 2019

Edsurge

The gaming giant worked with the Institute of Play to create STEM-focused, hands-on learning experiences that promote collaboration, creativity and problem solving. Finally: Pearson Sells Its US K-12 Courseware Business—for $250 Million* by Tony Wan In February, Pearson finally announced the long-awaited sale of its U.S.

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Ed Tech News, a New Podcast, and the Hack Education Roundup!

The Learning Revolution Has Begun

Ethics and Legalities The New York Times continues its investigation of education giant Pearson and ethics concerns surrounding lavish trips that the company''s foundation has sponsored for state education officials. Pearson announced this week that it plans to release a free learning management system aimed at the higher education market.

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Hack Education Weekly News

Hack Education

. “Free College” Via Inside Higher Ed : “The restaurant group that operates the Chili’s and Maggiano’s chains announced an arrangement Monday by which it will, through Pearson Education , offer employees cost-free educational programs from language skills through associate degrees.”

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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

In 2012, Pearson, Cengage Learning, and Macmillan Higher Education sued Boundless Learning, claiming that the open education textbook startup had “stolen the creative expression of their authors and editors, violating their intellectual-property rights.” Pearson PARCC "Spies" on Students. Textbook Publishers vs. Boundless.

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Hack Education Weekly News

Hack Education

Via Edsurge : “ Pearson , an Investor in Knewton , Is ‘Phasing Out’ Partnership on Adaptive Products.” ” No disclosure in the story that Edsurge shares investors with Knewton , nor that Pearson is, by way of Learn Capital, also an investor in Edsurge. Marbotic has raised $1.5

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