Test provider ACT has invested in Open Assessment Technologies, a provider of open-source assessment solutions.
In this week’s dealmaking news, Canada-based classroom workflow app Showbie acquired formative assessment tools provider Socrative. Also, Swing Education, an online job market for substitute teachers, and Goodwall, a professional development network for students, raised funds.
The Chinese company TAL Education says a short seller’s claims are rife with “unsupported speculation and malicious interpretations of events.”
Chinese English language education company VIPKID raised $500 million. Also, Microsoft acquired classroom video platform Flipgrid.
In this week’s dealmaking news, educational publisher Vista Higher Learning acquired Spanish language education company SANTILLANA USA.
Learning analytics companies, vendors selling directly to teachers in the K-12 market, and smaller providers could face challenges complying with the sweeping new policy.
The K-12 private school market in six Persian Gulf nations is poised to double, from $13 billion to $26 billion, over the next five years, according to the Boston Consulting Group.
Foreign investment presents opportunities to expand reach, but U.S. education businesses should set clear expectations for international deals, experts say.
Education companies can succeed in developing countries in Africa if they clearly understand the potential risks and rewards, says Jamie Martin, the founder of the African ed-tech incubator Injini.
Activate Learning purchased Conceptua Math and Chinese homework app provider Knowbox raised $100 million in its latest funding round.