By Beckie Smith. US-based Sterling Partners has invested in Amerigo Education, a startup that partners with high schools in the US to support their international students, while preparing them to apply to study at the country’s top universities. More...
By Beckie Smith. Laureate Education’s CEO rang the Nasdaq’s opening bell this morning to celebrate the launch of the company’s initial public offering. The world’s largest network of degree-granting higher education institutions has become the world’s first public benefit corporation to list on a stock exchange, ten years after it was taken private and more than a year after it first filed for the IPO. More...
By Beckie Smith. Canada-based private post-secondary education provider LCI Education has signed an agreement to acquire The Art Institute of Vancouver, which will become its second campus in the city. More...
Submitted by Stefanie Botelho. IoT devices have become a favorite weapon of cybercriminals. Their generally substandard security -- and the sheer numbers of connected devices -- make them an enticing target. We've seen what a massive IoT botnet is capable of doing, but even a relatively small one can cause a significant amount of trouble. More...
Submitted by Stefanie Botelho. CampusLogic announces the acquisition of Cegment’s Net Price Calculator (NPC) and Award Letter business. A pioneer in the NPC business, Cegment helps create transparency in higher education financing so families can better understand and assess the cost of a college degree. More...
By Joshua Kim. Stock in the company that makes the Fitbit activity tracker has dropped by 70% since the company’s IPO in June of 2015. We learned today that Fitbit plans to lay off 6% of its workforce. Read more...
By Paul Fain. As expected, a group of private investors have completed their $1.14 billion purchase of Apollo Education Group, the company announced Wednesday. Read more...
By Scott Jaschik. Canvas, the Instructure learning management system, has announced an integration of Google into its product. Read more...
By Carl Straumsheim. VitalSource, which provides digital content delivery products and services, on Wednesday said it intends to acquire Verba, a San Francisco-based start-up. Read more...
By Carl Straumsheim. Elsevier on Thursday said it has acquired Plum Analytics, a company that produces alternative metrics for tracking the impact of research, from the information services company EBSCO. Read more...
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