Edsurge
NOVEMBER 30, 2017
Knewton drew heaps of hype and investment by promising to provide artificial-intelligence technology to major textbook companies to make their content more adaptive. The secret to its swift entry into publishing was OER (open education resources). On its website, Knewton describes its new online textbooks as “ course products.”
Edsurge
MAY 12, 2017
Throughout the past decade, Knewton ’s adaptive learning technology has been backed by some of the biggest names in the both the publishing and venture capital community. Pearson will no longer use Knewton’s adaptive learning engine for some of its digital offerings.
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Edsurge
MAY 6, 2019
In the second eye-raising deal for the higher-ed publishing industry in as many weeks, Wiley, a major textbook publisher, has agreed to acquire the assets of Knewton, a provider of digital courseware and adaptive-learning technologies. No industry analyst we spoke with believes the sale price was anywhere near what Knewton had raised.
Edsurge
JANUARY 22, 2020
The following year, Knewton was bought in a deal that has become a poster child for education technology hype. Department of Education to improve access to open-licensed educational materials, or OER. Ben-Naim says the acquisition by Pearson could “affect the plan,” which was to build OER content on Smart Sparrow.
Edsurge
AUGUST 21, 2018
Knewton has raised $25 million in a new funding round—the eighth since it launched in 2008. Brian Kibby, CEO of Knewton Getting into the courseware business marks a major pivot for the New York City-based company, which originally licensed its adaptive learning technology to publishers. Sample screenshot of what students see in Alta.
Edsurge
JULY 15, 2019
Even though Pearson is not cutting out print completely, its digital-first update strategy may still alienate some faculty, says Wiley, who is currently the chief academic officer of Lumen Learning, a company that provides digital OER courseware to colleges and universities. “It It doesn’t matter what a publisher wants to sell.
Edsurge
JANUARY 18, 2018
Mike Berlin: At the beginning of every year, experts proclaim that this is going to be the year of OER, and each year market forces and a lack of solutions with product-market fit have resulted in that prediction not coming true. Paul Freedman: There will be twice as many in 2018 as there were in 2017.
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