June 1, 2018: Volume 25, Number 11

Cambium Learning Explores its Options

Cambium Learning Group (Dallas) in May initiated a review of strategic alternatives to maximize shareholder value, engaging Macquarie Capital as financial advisor and Lowenstein ...

Cambium Plans to Acquire VKidz

   Cambium Learning Group (Dallas) in April entered into a definitive agreement to acquire VKidz Holdings (Fort Lauderdale, FL), which provides curriculum and supplementary ...

Digital Solutions Drive Cambium Q1 Growth

Cambium Learning Group (Dallas) first-quarter revenue was $36.6 million, up 1.8% from the first quarter 2017, driven by revenue increases in the ExploreLearning and Learning A-Z ...

Literacy Drives Rosetta Q1 Revenue

Revenue for Lexia Learning, the Literacy business of Rosetta Stone (Herndon, VA), in the first quarter was $12.4 million, up 21.8% from the prior-year quarter. The first quarter growth ...

Ed Tech Applications Fail on Privacy

Only 10% of more than 100 education technology applications and services that were evaluated by the nonprofit Common Sense met minimum criteria for transparency and quality in their ...

Education Technology Providers on Privacy

▪ 92% use reasonable security standards to protect their users’ information. ▪ 65% do not sell, rent, lease or trade any users’ personally identifiable information to third ...

Microsoft Adds Features to Teams

Microsoft in May added new assignment and grading features to its Teams for Education digital hub for teachers and students using Office 365 for Education. The new features come after ...

7 More ESSA Plans Approved

Secretary of Education Betsy DeVos in May approved an additional seven education plans submitted by states under the provisions of the Every Student Succeeds Act, bringing the number ...

IMS Looks to Align Digital Materials

IMS, a nonprofit collaborative for the advancement of educational technology innovation, impact and interoperability, in May began a new collaboration among IMS member organizations to ...

News Briefs, June 1, 2018

Teaching resources provider Verso Learning (Footscray, Australia) in May released version 2.0 of its cloud-based platform incorporating changes based on teacher feedback. New features ...

People Briefs, June 1, 2018

Learning management provider Instructure (Salt Lake City) effective June 4 has named Dan Goldsmith president, responsible for overseeing sales, marketing, product, customer experience, ...

Financial Briefs, June 1, 2018

K12 Inc. (Herndon,VA) in May purchased 1.8 million shares of company common stock in a private block transaction at a price of $15 per share. The one-time authorization by K12’s ...

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