Gutenberg Technology, a Paris-based edtech startup that created a Learning Content Management System (LCMS) to help education publishers accelerate their transition to digital products, acquired Neodemia, a MOOC provider focused on the corporate sector.
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.
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.
Civitas Learning has announced the acquisition of UK and Ireland based edtech startup BlikBook, calling it one of the first acquisitions of a European education technology startup by a U.S.-based company.
Chinese online gaming giant NetDragon and UK-based Promethean World announced that they agreed on an acquisition worth $130 million in cash, reports Education Week.