![]() And check out EdWeek Market Brief, a service that provides companies doing business with schools with news, analysis, and original data on the needs and priorities of K-12 systems.Ĭogeon’s primary application–Math 42–is a math learning app offering hierarchical step-by-step exercises, concept walk-throughs, and personalized assessment, built upon an artificially intelligent learning engine. Visit Education Week’s K-12 Technology Leaders Group on LinkedIn and share your thoughts about the most pressing ed-tech issues facing school districts. Last year, Chegg acquired Imagine Easy Solutions, the provider of and other writing tools, for approximately $42 million. There are potential additional payments of up to approximately $8.8 million, payable in cash or stock in the discretion of Chegg, and up to approximately $3.8 million in restricted stock units over the next three years that remain subject to contingencies. With this acquisition, Chegg will be able to provide self-guided and individualized math solutions to more students, which the company said will deep its reach in to the high school market. ![]() In addition, ed-tech investor Owl Ventures closed an $185 million funding round.Ĭhegg Acquires Cogeon: Chegg, a Santa Clara, Calif.-based learning platform, has acquired German-based Cogeon GmbH, a provider of adaptive math learning technology, for $15 million in an all-cash transaction, according to a statement. In the latest news from the world of K-12 dealmaking, learning platform provider Chegg and digital provider Fuel Education announced acquisitions.
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