In the latest dealmaking news: Chinese ed-tech company TAL Education Group has acquired CodeMonkey, VIPKid has partnered with Scholastic, and Accelerate Learning and BBC Learning have forged a partnership around STEM curriculum.
ClassWallet, a spend management platform for school districts, raised funds. Also, Achieve3000, a provider of differentiated instruction solutions, formed a partnership with civics educational materials provider iCivics.
In this week’s dealmaking news, ed-tech companies unveiled new partnerships. Houghton Mifflin Harcourt and Renaissance integrated their products as part of a new strategic partnership. Also, Chinese internet company Tencent partnered with Age of Learning, the creator of children’s learning platform ABCmouse.com.
In this week’s dealmaking news, European education fund Educapital closed its first funding round. Also, an African ed-tech accelerator unveiled its first cohort and a few ed-tech companies unveiled new partnerships.
Ed-tech startups Firefly Learning and Handshake scored funds from investors.
Strategic Partnerships in Other Countries Are Key to Global Growth
Expanding Into Foreign Markets Takes Help From Other Companies That Know the Landscape

U.S. and foreign companies seeking to expand beyond their home markets must form partnerships, overcome cultural differences, and grapple with market complexities.