Newly announced plans to liquidate Class Acceleration Corp. are one sign of how market conditions have turned against special purpose acquisition companies, or SPACs.
K-12 Dealmaking: Top Hat Acquires Aktiv Learning; GoStudent Snaps Up Network of Tutoring Centers
This is the Top Hat’s fifth acquisition and its first outside of publishing.
K-12 Dealmaking: Lego Parent Company Acquires BrainPOP; Vulcan Invests in Vietnamese Startup
The acquisition of BrainPOP is part of Kirkbi’s goal to become a “global force for learning through play, be it physically or digitally,” the company says.
He Helps Education Companies Enter Foreign Markets. Here’s What He’s Learned
A reseller who works with education companies navigating new, unfamiliar international markets talks about what his clients get right and wrong.
Byju’s Releases Delayed Audit Report Showing Large Losses in 2021
The long process to release 2021 data drew the attention of authorities in India, where Byju’s is based.
K-12 Dealmaking: Digital Promise Acquires Two Asia Society Programs; Finnish Startup Raises €1M
In an expansion of its global reach, the nonprofit Digital Promise scooped up two assets from the Asia Society.
India’s Warning to Ed Tech: Fix False Advertising or Face ‘Stringent’ Guidelines
A government agency in India, home to a booming ed-tech market, has told companies not to engage in what the regulatory body deems unfair trade practices.
How to Make Teachers Informed Consumers of Artificial Intelligence
Artificial intelligence offers opportunities to enhance teaching and learning, but not if classroom educators fail to understand its capabilities and limitations, speakers at an ISTE panel said this week.
At ISTE, Teachers Are Reminded of the Value They Bring to Ed-Tech Companies
Classroom educators are particularly well-suited for roles in product development and driving innovation, panelists at the ISTE show said this week.
K-12 Dealmaking: Microschool Company Raises $20M; IXL Acquires Curiosity Media
Prenda’s latest funding round was led by venture capital firm Seven Seven Six, which was founded by Reddit Co-founder, investor Alexis Ohanian.