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.
The metro hubs of Shanghai and Beijing have seen huge jumps in the amount of investment flowing to ed-tech companies in recent years, according to CB Insights.
McGraw-Hill Education and the creator of Sesame Street have agreed to work together to bring content focused on social-emotional learning to elementary and pre-kindergarten students.
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.