Tag Archives: News Corp

News Corp Amplify Sale EDBRIEF 10 2015 EDUKWEST

M&A: News Corp completes Amplify Sale

News Corp completed the sale of data analytics and assessment platform Amplify and its assets. The company was acquired by parts of the management team and a group of private investors for an undisclosed amount.

Founded in 2011, Amplify provides a digital curriculum for K-12. The company discontinued the production and marketing of a dedicated tablet device in August.

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News Corp Amplify Sale EDBRIEF 08 2015 EDUKWEST

EDBRIEF: News Corp plans Amplify Sale

News Corp wrote down the value of Amplify after another disappointing sales season leading to an operating loss of $24 million, leading to a $371 write-off.

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