Online Education
The Adaptive Learning Market Shakes Out
Author: Ray Schroeder
Go to Source
Bob Ubell, Inside Higher Ed
In a recent rush, more than half a dozen adaptive learning companies have been scooped up like M&Ms at a candy counter. One of the most notable is Knewton, whose assets were acquired by Wiley just weeks ago. Last year, Carnegie Learning, Acrobatiq, Knowre and Fishtree were also swallowed in acquisition fever. Meanwhile, ACT, the nonprofit college admission test company, earlier this year invested $7.5 million in Smart Sparrow. Ed-tech guru Phil Hill, the MindWires partner who is widely followed on his Phil on Ed Tech blog, told me in a telephone interview that most sales were made not from strength, but “from positions of weakness and need.”