Intel Education acquired the digital textbook maker Kno for an undisclosed sum. As Audrey Watters and TechCrunch point out, Intel Education took part in Kno’s $30 million Series C round.
Intel was part of the $30+ million Series C round when Kno ditched its hardware plans to focus on an app instead
— Audrey Watters (@audreywatters) November 9, 2013
Kno’s website is currently scheduled for maintenance, probably to update its users on the acquisition. According to the blog post on Intel Education’s company blog all content on the platform as well as the existing partnerships with 75 international publishers are part of the deal.
The acquisition of Kno boosts Intel’s global digital content library to more than 225,000 higher education and K-12 titles through existing partnerships with 75 educational publishers. Even more, the Kno platform provides administrators and teachers with the tools they need to easily assign, manage and monitor their digital learning content and assessments.
As the story is still developing I am going to update it as soon as there is more to share. In the meantime you can watch an early interview with Osman Rashid, founder of Kno (also co-founder of Chegg) from back in October 2011.