Start Planet NI is a tech accelerator program located in Belfast, Northern Ireland. For its first cohort, Start Planet NI will host 10 tech startups – five from Northern Ireland and five from across the globe.
Bertelsmann announced that it has combined its education activities into a separate business unit, Bertelsmann Education Group. Kay Krafft leads the unit as CEO, Jarek Gabor serves as CFO.
The leading German private tutoring company Studienkreis announced that it has acquired the website and technology of Tutoria, an online portal for private tutoring launched by publisher Holtzbrinck in 2007.
Berlin-based educational video platform sofatutor launched a new product line that will be available at Thalia bookstores across Germany. According to founder and CEO Stephan Bayer, sofatutor aims to reach new audiences at a location where they are already looking for educational content.
Pearson agreed to sell its 50% stake in the Economist Group for £469 million in cash. EXOR S.p.A. will purchase 27.8% of the shares, the rest will be repurchased by The Economist Group. The transaction is expected to close during the fourth quarter of 2015.