In this week’s dealmaking news, a handful of education companies were acquired; Follett acquired adaptive learning platform Fishtree and Chegg acquired online studying platform StudyBlue.
Christine Willig, the CEO of a newly formed Illuminate Education, plans to focus on “process and people” as she combines five companies into one ed-tech business with a focus on a next-generation data platform, formative assessments, and more.
The Chinese company TAL Education says a short seller’s claims are rife with “unsupported speculation and malicious interpretations of events.”
Five companies–IO Education, Illuminate Education, Key Data Systems, SchoolCity, and Alpine Achievement–have been merged into a new Illuminate Education by Insight Venture Partners, an investment firm.
In this week’s dealmaking news, a number of ed-tech companies including Boxlight and Education Networks of America announced acquisitions.
Chinese English language education company VIPKID raised $500 million. Also, Microsoft acquired classroom video platform Flipgrid.
Investments in education–from venture capital for startups to $1 billion acquisitions–were the topic of discussion at a recent ed-tech industry conference.
In this week’s dealmaking news, Lincoln Learning, a Rochester, Pa.-based nonprofit online learning and support service organization, acquired supplemental education materials provider Evan-Moor. Also, assessments provider ETS and LearnLaunch have joined forces to fund ed-tech startups.
In this week’s dealmaking news, ECS Learning Systems acquired ed-tech company PREPWORKS. Also, ed-tech companies GoGuardian and Learnosity received investments.
In this week’s dealmaking news, Frontline Education announced plans to acquire K-12 business information systems provider Prologic. Also, New Markets Venture Partners closed a $68 million fund focused on education technology and innovation.