Market Overview

TAL Education Group Announces Strategic Investment in Knewton

Share:

TAL Education Group (NYSE: XRS) today announced a strategic investment in Knewton Inc.  ("Knewton"), a global leader in adaptive learning. In addition, TAL and Knewton have signed a letter of intent to incorporate Knewton's adaptive platform in TAL's online learning environment.

The letter of intent forms the basis of a commercial agreement with Knewton that will enable TAL to build digital course materials that dynamically adapt to each individual student's needs on its online courses platform. Knewton's platform currently powers adaptive learning products for many of the world's largest education companies.

Knewton provides students with tailored recommendations for exactly what to study, teachers with analytics to better support each student, and publishers with content insights to develop more effective digital products. Knewton powers adaptive content to make specific, real-time recommendations for each student based on how the student learns, what she has already mastered, goals she has set with her teacher, and what works best for similar students. Knewton has provided more than 15 billion learning recommendations to more than 10 million students on every continent except Antarctica. Knewton was founded in

See full press release

Posted-In: News M&A Press Releases

 

Related Articles (XRS)

View Comments and Join the Discussion!

Earnings Scheduled For January 20, 2016

Benzinga's M&A Chatter for Tuesday January 19, 2015