Knewton has established partnerships with companies in about 20 countries outside the United States, where demand for ed-tech is growing.
Total spending on K-12 instructional materials stood at $11.8 billion in 2013-14, according to the Education Market Association.
Attendees at a Chicago gathering explored the potential for regional clusters of businesses, colleges, nonprofits, and schools to work together to support innovation.
Amplify will stop marketing tablets to new customers, and its other education assets could soon be sold by its parent company, News Corp.
McGraw-Hill Education’s recent departure from the world of state testing underscores both the rewards and risks for vendors operating in that high-stakes space.
The charter school network BASIS will open a private school in Shenzhen, China, in what the organization hopes will lead to further international expansion.
BrightBytes, DataCamp, Montessorium and Panorama Education raised a combined $47 million of venture capital.
Schools’ growing acceptance of purchasing digital content by subscription is one reason investors see the possibility of returns in the acquisition and mergers of education businesses.
Minnesota will receive $1 million in fees from Pearson and up to $4.7 million in additional services and support, as part of a settlement.
Educators in New York City would be able to buy e-books for their schools via an Amazon “storefront,” pending approval of a $30 million contract.
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