Mergers and Acquisitions

Carnegie Learning Bets Big on Coding With Acquisition of Globaloria

It’s a pairing as natural as letters and numbers, math and coding, the founders of Carnegie Learning and Globaloria would say.Today, Carnegie Learning announced that it has acquired Globaloria, a New York-based provider of computer science curriculum and professional development for K-12 schools and districts. Terms of the deal were not disclosed.

Thoma Bravo’s Acquisition of Frontline Education Creates Edtech’s Newest Unicorn

Frontline Education is swapping one private equity owner for a bigger one. Today the Malvern, Penn.-based education company announced it will be acquired by Thoma Bravo, a major private equity firm with offices in San Francisco and Chicago. Terms of the deal were not disclosed, but Frontline CEO Tim Clifford tells EdSurge in an interview that “the company is valued in the unicorn range, well north of a billion dollars.”

The Power of Nonprofit Acquisitions: Curriculet Rises from the Dead

Perhaps some edtech companies can get a second life.

With $150 Million to Spend, Hero K12 Goes Shopping for Education Technology Companies

Unless you’re Jeff Bezos, people with money typically do not solicit the public for ideas on how to spend their dollars. Yet that’s not the case for Hero K12, which is announcing, rather bluntly, that it is going on a shopping spree to buy education technology companies.

BrightBytes Tried to Buy Hapara. Then a Better Offer—and a Legal Complaint—Emerged

Financial details in transactions between private companies rarely see the public light. Yet a recently settled legal complaint between two education technology startups offers a glimpse at the numbers and terms involved in the negotiation process—and what happens when a deal goes awry.

Brightwheel Acquires MyChild, Targets Early Education With Mobile App

San Francisco-based startup Brightwheel today acquired MyChild, a Lisbon company making an engagement system for parents and schools.

PowerSchool Buys Chalkable, Tops $200 Million in Acquisition Spending

Ever since Pearson sold PowerSchool in June 2015, the two companies have embarked on very different paths. The once venerable publisher axed several high-profile (and profitable) businesses in the Financial Times and The Economist as part of efforts to transform itself into a digital learning business.

Schoolzilla Acquires Decision Science Labs to Help Districts Make Smarter Spending Choices

Schoolzilla is not a monster. But it boasts a voracious appetite when it comes to ingesting education data and, now, another company.

The Oakland, Calif.-based startup, which offers data warehousing and visualization tools for schools and districts, has acquired Decision Science Labs. Financial terms were not disclosed. Schoolzilla will have 57 full-time staff after the deal.

Life After Merger: When Edtech Acquisitions Go Sour

Most startups will not go public. The next best option, typically, is to be acquired by another company, in exchange for cash or stock options. But what happens after the paperwork is signed and LIA (Life After Acquisition) begins?For curriculum management startup UClass, which was acquired last year by Renaissance Learning, the relationship has been less than symbiotic, demonstrating there are growing pains even after a company has “exited.”

Khan Academy Buys Children’s App Developer, Duck Duck Moose, For $1

Like many parents, Sal Khan has bought Itsy Bitsy Spider, Park Math and other educational apps created by Duck Duck Moose, a San Mateo, Calif.-based startup. But the Khan Academy founder just scored what looks a bargain: getting the company’s entire product suite, along with its development team, for less than what he paid for those apps.

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