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Pearson To Sell PowerSchool to Vista Equity Partners

Pearson plc announced that it has agreed the sale of its PowerSchool business to private equity firm Vista Equity Partners (“Vista”) for a gross consideration of $350 million, payable in cash. Pearson had announced its intention to explore a sale of PowerSchool in February 2015. Read More »

EIA Invites You To Join Innovation Lab Competition

The Education Industry Association (EIA) wants to help you grow your business! We are hosting our 25th annual summer conference, EDVentures, from July 15 -17 in Orlando, Florida at the Wyndham Grand Hotel and Resort. Hundreds of education companies, EdTech startups, and venture capital principals will be in attendance. Read More »

Edmentum Completes Transaction To Recapitalize Balance Sheet

Edmentum announced that it has completed the previously announced transaction with its lenders and equity sponsors to recapitalize its balance sheet. The recapitalization, which was first announced on April 20, 2015, significantly reduces the amount of the company's outstanding indebtedness and provides additional capital to better position it for long-term growth. Read More »

SETDA Announces Partnership with New Cohort of Nine Startups

The State Educational Technology Directors Association (SETDA), the principal membership association representing U.S. state and territorial educational technology leaders, announced today its third annual cohort of Emerging Private Sector Partners. These nine SETDA Emerging Private Sector Partners will debut at the upcoming Emerging Technologies Forum on June 26 in Philadelphia, PA and engage with the SETDA membership over the next twelve months: Read More »

Think Through Math Earns Place on the 2015 Tyton Growth50

Think Through Learning has been recognized as a 2015 Tyton Growth50 company. The Tyton Growth50 celebrates innovative organizations that are achieving a combination strong financial results, market share growth, and brand awareness performance. As one of 50 organizations included on the list, this achievement marks a great milestone in Think Through Math's evolution. Read More »

West Corporation Acquires SharpSchool

West Corporation (Nasdaq:WSTC), a leading provider of technology-enabled communication services, today announced it has completed the acquisition of substantially all of the assets of Intrafinity, Inc., doing business as SharpSchool, a leading provider of website and content management system (CMS) software-as-a-service solutions for the K-12 education market. Read More »

Udemy Raises $65 Million To Continue Pioneering a Global Marketplace

Udemy, the leading marketplace for online courses, announced it has closed a $65 million Series D financing round led by Stripes Group, with additional support from Norwest Venture Partners (NVP) and Insight Venture Partners. Stripes Group Founder and Managing Partner Ken Fox will join Udemy’s Board of Directors. Read More »

CB&A Recognized Among Best Dane County Businesses

C. Blohm & Associates, Inc. (CB&A), a Monona-based public relations firm specializing in visibility campaigns for the education and special needs industries, has been awarded a Dane County Small Business Award by the Wisconsin School of Business' Small Business Development Center. The agency will be honored at an awards breakfast June 4. Read More »

Learning Bird Key Part of Launch Group at SVX Quebec Event

Henry Ryan, CEO of Montreal-based Learning Bird, an award-winning education technology company, has been promoting the important role of social ventures in education. Today, Ryan and Learning Bird are part of the launch group for Social Venture Connexion (SVX) Québec, a new full-service, non-profit platform for social enterprises and impact investors, held at the Montreal (Stock) Exchange. Read More »

Pearson Sells Family Education Network to Sandbox Partners

Sandbox Partners announced the acquisition of “edutainment” network FEN (Family Education Network) from Pearson. FEN has one of the largest integrated digital audiences of children, parents and teachers totaling 25 million visits per month. Sandbox Partners invests in companies at the intersection of the digital, learning and media industries, and has a long track-record of transforming and scaling business and brands internationally. Read More »