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.
The London-based education investment company Sandbox & Co. has acquired Constructive Media, a provider of educational games, and Wellspring International and Cornerstone have also made acquisitions.
Personalized learning platform IXL Learning has acquired educational games provider ABCya, and early education software provider Brightwheel has raised $21 million.
Achieve3000 has acquired Actively Learn and now plans to offer differentiated instruction to preK to adult learners, while Chinese tutoring company TAL Education bought app developer Dr. Panda.
Selling an education business requires making a series of complex decisions that can be derailed by a number of factors, says Stuart Udell, a veteran executive in the education industry.
Test provider ACT has invested in Open Assessment Technologies, a provider of open-source assessment solutions.
The merger will create an array of academic content and delivery platforms under one company, serving grades K-16.
In this week’s dealmaking news, Wonderschool, a platform aims to help experienced educators and childcare providers start and run their own in-home businesses, raised $20 million, and littleBits, a provider of technology kits for kids, has acquired DIY Co., an operator of online educational services for kids and their families.
Language and literacy software solutions provider Imagine Learning and childcare management technology company Procare Software announced acquisitions.
John Fallon, Pearson’s CEO, said he does not plan to offer details about the sale process while it is underway.