Pearson agreed to sell the Financial Times to Japanese media company Nikkei for $1.3 billion in cash. The publisher owned the traditional financial newspaper for nearly 60 years.
Instructure and Pearson announced an interesting partnership at SXSWedu. The bi-directional integration of the Canvas LMS and the PowerSchool SIS is a strong statement by itself, but if we add the fact that Pearson is planning to sell its Student Information System business it gets really intriguing.
Instructure Canvas and Pearson announced a bi-directional integration of the Instructure Canvas LMS with the Pearson PowerSchool SIS. According to Instructure’s Mitch Benson, this feature was the most requested by Canvas’ K-12 customers.
In an effort to clear the way for an upcoming separation of its College bookstore and Nook business from its retail business, Barnes & Noble bought out Microsoft’s from their joint venture for $120 million in cash and common stock.
Pearson announced a strategic partnership with Chicago-based startup hub and incubator 1871. Two of the ten edtech startups in Pearson’s latest Catalyst batch joined to the program over recommendations from 1871.
Other partners in the startup hub and incubator space include RocketSpace, 1776, LearnLaunch, MaRS and Makerversity.