Edtech Business

Sophia Learning Acquired

Apr 19, 2012

Sophia Learning: Acquired by Capella Education Company, a provider of online, accredited higher education through its subsidiary, Capella University for an undisclosed amount. In January 2011 Capella became a majority investor in Sophia, a platform where a community of users can watch and contribute tutorials across a variety of subjects. This deal closes the loop neatly: Sophia was founded by former Capella vice president, Don Smithmier. Smithmier recently stepped down as CEO but remains an advisor, Yahoo reports.

Edtech Business

Sophia Learning Acquired

Apr 19, 2012

Sophia Learning: Acquired by Capella Education Company, a provider of online, accredited higher education through its subsidiary, Capella University for an undisclosed amount. In January 2011 Capella became a majority investor in Sophia, a platform where a community of users can watch and contribute tutorials across a variety of subjects. This deal closes the loop neatly: Sophia was founded by former Capella vice president, Don Smithmier. Smithmier recently stepped down as CEO but remains an advisor, Yahoo reports.

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