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K-12 Dealmaking: Pearson Acquires Credentialing Platform in $200M Deal; PowerSchool Buys Communications Platform

Marketplace K-12

Education giant Pearson has acquired Credly, and PowerSchool has made a deal to snap up the communications platform Kinvolved. The post K-12 Dealmaking: Pearson Acquires Credentialing Platform in $200M Deal; PowerSchool Buys Communications Platform appeared first on Market Brief.

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Pearson Exploring NFTs’ Potential in the Textbook Market

Marketplace K-12

The post Pearson Exploring NFTs’ Potential in the Textbook Market appeared first on Market Brief. Marketplace K-12 Business Strategy Curriculum / Digital Curriculum Digital Content Market Trends Pearson

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Pearson Creates New Direct-to-Consumer Division

eSchool News

Pearson , the world’s leading learning company, today announces the creation of a new direct-to-consumer division as it looks to further strengthen its focus on building a direct relationship with learners around the world. About Pearson.

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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.

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Pearson Raises Nearly $460M Through Social Bond for Virtual, Career Programs

Marketplace K-12

The social bond, repayable to investors over a 10-year period, will support learners using three of Pearson's business lines. The post Pearson Raises Nearly $460M Through Social Bond for Virtual, Career Programs appeared first on Market Brief.

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Pearson Taps Former Disney Official as Incoming CEO

Marketplace K-12

Pearson names Andy Bird, who turned Walt Disney International into a digital-first business focused on the diverse needs of consumers around the world, as its presumptive CEO. The post Pearson Taps Former Disney Official as Incoming CEO appeared first on Market Brief.

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Pearson CEO John Fallon to Retire in 2020

Edsurge

Pearson CEO John Fallon today announced plans to retire in 2020 after a successor has been appointed. Since Fallon became CEO on January 1, 2013, the value of Pearson’s stock on the New York Stock Exchange has dropped by 57 percent, closing at $8.45

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Pearson and the Big Winner

Iterating Toward Openness

In a recent interview , Pearson CEO John Fallon said: “Education like every other sector and sphere of life is going through this digital transformation. We are absolutely determined to make Pearson that winner.”. There is going to be a big winner in the transformation in education. This is perhaps the clearest statement I’ve ever read of the fundamentally wrongheaded view of the traditional publishers.

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Learn about the revolutionary Pearson Tell Online Assessment | @Pearson

TeacherCast

Jeff sits down with Sue Ann Towle to discuss the new Pearson Tell, a brand new interactive assessment experience for English Language Learners. . About Pearson Education. Pearson is the world’s leading learning company, with 40,000 employees in more than 80 countries working to help people of all ages to make measurable progress in their lives through learning. For more information about Pearson, visit [link]. Twitter : https://twitter.com/pearson.

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Learn about the revolutionary Pearson Tell Online Assessment | @Pearson

TeacherCast

Jeff sits down with Sue Ann Towle to discuss the new Pearson Tell, a brand new interactive assessment experience for English Language Learners. . About Pearson Education. Pearson is the world’s leading learning company, with 40,000 employees in more than 80 countries working to help people of all ages to make measurable progress in their lives through learning. For more information about Pearson, visit [link]. Twitter : https://twitter.com/pearson.

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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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Finally: Pearson Sells Its US K-12 Courseware Business

Edsurge

Nearly a year after announcing the plan , Pearson has finally sold its U.S Pearson only gets $25 million in cash upfront. After this amount is paid, Pearson is entitled to 20 percent of future cashflow from this business. And, in the event that Nexus later sells this business (after it pays the full $250 million), Pearson will get 20 percent of the net sale proceeds. Pearson is not completely out of the U.S.

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Pearson Set to Sell K-12 Curriculum Business, But Not Assessment

Marketplace K-12

The post Pearson Set to Sell K-12 Curriculum Business, But Not Assessment appeared first on Market Brief. Marketplace K-12 Assessments/Testing Curriculum/Digital Curriculum Market Research Online/Virtual Learning PearsonThe global education company plans to abandon its K-12 curriculum business in the U.S., while continuing investments in assessments and virtual education.

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Pearson aimswebPlus: Classroom Assessment and Progress Monitoring Tool Designed to Enhance Student Achievement | @PearsonNorthAm

TeacherCast

In this episode, Jeff sits down with Suzanne Wendt from Pearson North America to discuss the brand new aimswebPlus and how it is allowing teachers and school districts the opportunity to provide quick and accurate assessment data from our classrooms. The post Pearson aimswebPlus: Classroom Assessment and Progress Monitoring Tool Designed to Enhance Student Achievement | @PearsonNorthAm appeared first on TeacherCast Educational Broadcasting Network.

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Pearson Files Lawsuit Against Ed-tech Company Chegg, Alleging Improper Lifting of Content

Marketplace K-12

Textbook publishing giant Pearson Education has filed suit against education technology company Chegg, saying the online homework help provider infringed on its copyright. Marketplace K-12 Curriculum / Digital Curriculum Educational Technology/Ed-Tech Market Research Pearson

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Pearson unveils Beta-4

eSchool News

Pearson has unveiled the Beta-4, the latest revision of a nonverbal measure of cognitive abilities in adults, originally developed by the U.S. At Pearson, we are committed to offering a wide range of solutions to meet the needs of professionals in a variety of settings,” said Aurelio Prifitera, Ph.D., managing director of Pearson’s clinical assessment group. “A Ancillary adults assessment cognitive English great Pearson schools skills students Time vocational schools world

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Pearson K12 Spinoff Rebranded as ‘Savvas Learning Company’

Marketplace K-12

The post Pearson K12 Spinoff Rebranded as ‘Savvas Learning Company’ appeared first on Market Brief. Savvas Learning Company will continue to provide its K-12 products and services, and is working to support districts with their remote learning needs during school closures.

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Pearson Announces New Direct-to-Consumer Product Focus

Marketplace K-12

Pearson has launched a new direct-to-consumer division, which will be co-led with former top officials from Shutterfly. The post Pearson Announces New Direct-to-Consumer Product Focus appeared first on Market Brief.

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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. This new development process goes into effect next year, when “we will have a substantial number of titles that we will apply this new model to,” says Pearson CEO John Fallon. He did not rule out the possibility that Pearson may still issue new print editions. “If

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Pearson Explores Sale of Its U.S. K-12 Curriculum Business

Marketplace K-12

The post Pearson Explores Sale of Its U.S. Marketplace K-12 Assessment/Testing Business Strategy Connections Education Curriculum/Digital Curriculum PearsonThe education giant cited the "slow pace of digital adoption" in U.S. K-12 schools as a key reason it is considering the sale of its online, digital and blended curriculum. K-12 Curriculum Business appeared first on Market Brief.

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Former Pearson, edX Exec Raises $7.5M to Build AI-Powered Digital Courseware

Edsurge

Shrier has led graduate business courses at institutions including Oxford, MIT and Imperial College; Porter was a vice president at Pearson and edX, the nonprofit online course platform developer. The demand for innovative digital learning technology has never been higher.

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Pearson Will Pay $1 Million Fine For ‘Understating’ 2018 Data Breach, Misleading Investors

Marketplace K-12

Education giant Pearson will pay a $1 million fine to settle charges that it misled investors about a 2018 data breach. The post Pearson Will Pay $1 Million Fine For ‘Understating’ 2018 Data Breach, Misleading Investors appeared first on Market Brief. Marketplace K-12 Assessments / Testing Curriculum / Digital Curriculum Data Data Privacy Educational Technology/Ed-Tech

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HMH, Pearson Release Details About Impact of School Disruption from COVID-19 on Their Businesses

Marketplace K-12

Pearson anticipates a negative impact on its K-12 assessment business in the U.S. The post HMH, Pearson Release Details About Impact of School Disruption from COVID-19 on Their Businesses appeared first on Market Brief.

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Pearson Research and Innovation Network | TeacherCast App Spotlight

TeacherCast

Jeff sits down with Brad Ermiling to discuss his work at the Pearson Research and Innovation Network. About Pearson. Pearson is the world’s leading learning company, with 40,000 employees in more than 80 countries working to help people of all ages to make measurable progress in their lives through learning. For more information about Pearson, visit [link]. Twitter : https://twitter.com/pearson. Pearson Research & Innovation Network. Tweet.

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Pearson CEO to Retire in 2020, and Search for Successor Begins

Marketplace K-12

John Fallon led Pearson through a transformation away from serving as a traditional publisher, though the company has struggled with sales in the U.S. The post Pearson CEO to Retire in 2020, and Search for Successor Begins appeared first on Market Brief.

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Pearson, Efficacy, Credibility, and OER

Iterating Toward Openness

I’ve written about Pearson’s efficacy work in the past, and Ray Henderson’s twitter post this morning has prompted me to ponder and write a bit more. Just-in: @Pearson has just pubd white paper on their #Revel platform, as CEO @johnfallon committed. Let me start by applauding Pearson for following through on their commitment to focus more on efficacy. 5): What Pearson Means by Efficacy and Effectiveness.

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What’s Next for Pearson? (Not Buying Your Education Startup.)

Edsurge

For Pearson, the world’s largest education company, some of its recent tumult in past years have been self-imposed, even deliberate, under the helm of John Fallon. Even its digital education assets, including PowerSchool, a student information system, was sold because it didn’t fit with Pearson’s focus on learning outcomes. At ASU + GSV Summit, an education industry conference, this week in San Diego, we sat down with Fallon to learn about what’s next for Pearson.

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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. But Pearson researchers found that students taking the QuizMe tests multiple times to get higher scores actually earned lower course grades in the end. “We

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NC Should Hold Everyone for Pearson PowerSchool Implementation Malfunction Accountable

The 21st Century Principal

In two previous posts, "Pearson PowerSchool Disasters in NC and Tech Lessons to Be Learned From It" and "Update! Pearson Sees Most of NC Users as Satisfied with PowerSchool Huh?" I outlined the major issues North Carolina public schools are navigating due to Pearson''s malfunctioning PowerSchool software. This is the least Pearson owes educators in the state of North Carolina. In addition, Pearson should also be mandated to provide proper training for everyone.

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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

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Former Pearson K-12 Courseware Business Rebrands as Savvas Learning

Edsurge

To further emancipate itself from its previous parent company, Pearson’s former K-12 courseware business has changed its name. The company formerly known as Pearson K12 Learning is now called Savvas Learning Co., The company will continue to use the Pearson name until spring 2020, when it launches a rebranding initiative with its new name and logo. according to an external email reviewed by EdSurge.

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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. “As Through making “small bets,” he adds, Pearson can keep its ears to the ground about new market opportunities.

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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.

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Teaching the Revolution in a Pearson World

MiddleWeb

Kids on the Cusp Learning Revolution American Revolution For Crown or Colony freedom of speech Liberty's Kids Mary Tarashuk monopoly Pearson walking classroomAs her fourth graders study the lead-up to the American Revolution, Mary Tarashuk finds echoes in today's confrontation over free speech pitting test makers against teachers and students who question the validity of test elements. Free history resources included.

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Pearson Sells Its K-12 Instructional Materials Business to Investment Firm

Marketplace K-12

Pearson is selling its line of business focused on U.S. The post Pearson Sells Its K-12 Instructional Materials Business to Investment Firm appeared first on Market Brief. textbooks and instructional materials to Nexus Capital Management for $250 million. Marketplace K-12

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Pearson CEO Fallon Talks Common Core, Rise of ‘Open’ Resources

Marketplace K-12

Few corporate brand names in education are as recognizable, and as polarizing, as Pearson, the giant education provider whose reach extends to virtual schools, testing, language training and an array of other areas. Many educators these days see Pearson as the embodiment of commercial businesses’ continued push to turn profits from public schools. Pearson officials have been talking about shifting away from being identified as simply a publishing company for years now.

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British Investor Buys Pearson's Family Education Network

Marketplace K-12

Sandbox Partners is buying the Family Education Network, a Pearson "edu-tainment" platform, for an undisclosed amount. Ed-tech For-Profit Education Gaming Mergers and Acquisitions Online Learning Pearson Publishing acquisitions games pearson

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Pearson to Host Assessment for Learning

edWeb.net

edWeb.net , an award-winning professional learning network, today joined forces with Pearson on its professional learning community, Assessment for Learning. Pearson will kick off its sponsorship with the edWebinar Top 5 Considerations for Selecting Interim Assessments , on February 6th at 3 pm Eastern Time, featuring Amy Reilly, Director of Innovative Solutions at Pearson. Attendees can visit Pearson School Assessment at booth 956.

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Pearson Goes ‘Digital-First’ in College. What Does That Mean for K-12?

Marketplace K-12

Pearson has announced it will produce all of its college textbooks digitally, first. The post Pearson Goes ‘Digital-First’ in College. What does the move signal for curriculum-producers in the K-12 arena? What Does That Mean for K-12? appeared first on Market Brief. Marketplace K-12 Business Strategy Curriculum / Digital Curriculum

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Pearson Realize course content now works with any LMS

eSchool News

Interoperability certification gives teachers, students freedom to assign and use any Pearson content regardless of LMS. Pearson announced a new iteration of its main content delivery system for K-12 schools that will allow them to experience learning, assessment and data applications seamlessly, saving thousands of hours and dollars in the process. The team at Pearson Realize has been redeveloping its content to earn LTI Certification from IMS.

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Pearson Releases Rights to its Learning Design Principles

Marketplace K-12

The post Pearson Releases Rights to its Learning Design Principles appeared first on Market Brief. Marketplace K-12 learning design principles learning science PearsonThe publisher says the move is intended to give the education community a “common language” when discussing the effectiveness of ed-tech products.

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K-12 Dealmaking: Pearson Acquires Australian AI Company; Panorama Raises $60 Million

Marketplace K-12

The education software platform Panorama raised $60 million in a Series C round of funding, and Pearson snapped up an Australian AI-focused company. The post K-12 Dealmaking: Pearson Acquires Australian AI Company; Panorama Raises $60 Million appeared first on Market Brief.

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Pearson Agrees to Compensate Minnesota for Testing Breakdowns

Marketplace K-12

Minnesota will receive $1 million in fees from Pearson and up to $4.7 Assessment Ed-tech Online Learning Pearson Procurement State Policy assessment pearson procurement testingmillion in additional services and support, as part of a settlement.

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