Edtech Business

MERGERS AND ACQUISITIONS

Who is buying and selling education technology companies? News of strategic, institutional and private equity investors involved in mergers and acquisitions.


Eagle Eye Networks CEO Dean Drako Acquires K-12 Social Network Livingtree
LIVINGTREE, a private social network for K-12 schools, teachers and parents, today announced its acquisition by Dean Drako, CEO of Eagle Eye Networks. Founded in 2012, LivingTree’s structured, or “hierarchical,” platform mimics the organization of the K-12 educational system and allows teachers, schools and districts to engage students and families through sharing posts as well as photos, documents and emails in more than 100 languages...
Google Acquires Learning Platform for Cloud Skills
QWIKLABS, a platform for learning about cloud technologies and software, has been acquired by Google. Terms of the deal were not disclosed. Google tells TechCrunch it will use the Qwiklabs platform to train people on all of its cloud products, including G Suite. Until now, most learners have used Qwiklabs to get up to speed on Amazon’s AWS platform...

Imagine Learning Acquires Online Math Program, Think Through Learning
THINK THROUGH LEARNING, the developer behind online math program Think Through Math, has been acquired by Provo, Utah-based Imagine Learning. Terms of the deal were not disclosed. Imagine Learning is owned by Weld North, a private equity firm that also owns Compass Learning, Edgenuity and a half dozen other edtech companies...
Jouve Acquires Six Red Marbles, Expands to Corporate Learning
CORPORATE LEARNING: Boston-based e-learning company Six Red Marbles was acquired by Jouve in August 2016. Six Red Marbles did everything from user testing and consulting to prototyping and content development for K-12, higher education and enterprises. In a press release, Jouve CEO Geoffrey Godet says the merging will position the company to grow in the corporate learning market...
McGraw-Hill Acquires Redbird to Expand Personalized Learning Tools
FROM TEXTBOOKS TO TECH: Publisher McGraw-Hill Education has acquired Redbird, a digital personalized learning company based in Oakland, Calif. This marks McGraw-Hill Education’s fourth acquisition of a technology company as it evolves from being a textbook publisher. In 2013, McGraw-Hill Education acquired adaptive learning company ALEKS Corporation...
Cengage Acquires WebAssign, Provider of Instructional and Assessment Tools
CENGAGE, the Boston-based publisher has acquired WebAssign, which offers online instructional and assessment tools for higher-ed students. Terms of the deal were not disclosed. Founded in 1998, WebAssign has worked with academic publishers—including Cengage—to embed questions, quizzes, videos and other digital resources into content, serving more than 1...
L Squared Capital Partners Acquires Learners Edge, Provider of Online K-12 Professional Development
LEARNERS EDGE, a developer of online professional development and accredited training programs for K-12 teachers, has been acquired by L Squared Capital Partners. Terms of the deal were not disclosed. Founded in 2002, Lakeville, Minn.-based Learners Edge offers more than 80 courses through which teachers can earn transferable credits and degrees...