TSL Education, the UK-based teacher network announced the acquisition of US-based Wikispaces at SXSWedu today. This is the first acquisition by TSL Education since it was acquired by TPG Capital for £400 million last year.
Together the two platforms become the world’s largest single profession network, serving 1.4 million K-12 teachers in the US alone. TSL currently has 3.3 million registered users. Terms of the deal have not been disclosed.
With the acquisition of Wikispaces TSL Education adds a collaborative platform to its huge catalog of teacher created content. TSL Education hosts more than 730.000 teacher-created pieces of content with 4.8 million downloads every week.
TSL Education’s users are mainly located in the UK, India and Australia. Wikispaces has its strongest userbase in the United States.
Wikispaces’ flagship product, Wikispaces Classroom, provides a free social writing platform where teachers and students can communicate and collaborate on projects and is used by over 10 million teachers and students.
The Wikispaces team bootstrapped the startup and has not raised any venture funding in its nearly ten years of existence. The entire team will join TSL Education but remain in their San Francisco offices and continue to develop the Wikispaces product and team from there. With the backing of TSL Education the team plans to move far more quickly than it ever has before.
- Wikispaces Acquired By TSL, Expanding World’s Largest, Single-Profession Social Network | BusinessWire
- Wikispaces is Now Part of TSL Education | Wikispaces Blog
- UK publishing giant TSL snaps up ed-tech startup Wikispaces | VentureBeat
- TSL Education acquires Wikispaces | EdSurge