Hoonuit acquires DecisionInsite; NWEA received two grants worth a total of $4.5 million; and Spotify company Soundtrap partners with listening-skills company Listenwise.
Inside Brazil’s Huge, Complex K-12 Market
Demand for English-Language Instruction, STEM, and Resources to Meet New Academic Standards Is Poised to Rise
Schools in Latin America’s most populous country are likely to have an increased demand for STEM materials, English-language instruction, and resources that align with new national education standards in the years ahead.
The merger will pull together companies with combined revenues of nearly $3.2 billion and a broad portfolio of learning materials.
Renaissance has acquired Early Learning Labs, while Nearpod will acquire Flocabulary and Instructure is purchasing MasteryConnect.
Two acquisitions–Weld North Education of Assessment Technology, and Allovue of Equiday–top our news, which includes LearnPlatform’s expansion and funding for Move This World.
Newsela has secured $50 million, while Securly has acquired TechPilot Labs and ACT has acquired the American College Application Campain.
Turnitin, the plagiarism-checking platform, will be acquired by Advance, while Weld North Education makes another acquisition and Class Dojo raises $35 million.
The total number of transactions in education jumped by 9 percent from 2017 to 2018, and a number of foreign deals were among the biggest.
Microsoft is acquiring DataSense, a data integration platform developed by the company Brightbytes.
Big players in the K-12 market are looking to partner with companies that help them expand reach and value, according to a panel of experts at the LearnLaunch conference.
Market Brief
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