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.
In episode 24 of the Ed News Ticker, titled “The Curse of Gates”, Chris and Kirsten talk more about edtech in the UK, India and Brazil and also cover a variety of US domestic education technology stories.
Our international stories cover funding for Indian startup Foradian Technologies, the strategic partnership of Blackboard with Grupo Positivo in Brazil and Virgin Media’s efforts to save schools in the UK some money.
After inBloom’s untimely demise ConnectEDU also joined the deadpool; let’s hope that BloomBoard will not be affected by the curse of Gates after having raised a $5 million Series A in which the foundation participated.
Companies InsideTrack and EdStart went on a shopping spree.
Furthermore, we also have news for you from some of the big players including Bing for the Classroom, Pearson’s free math app “Virtual Nerd”, Barnes & Noble’s Yuzu is in beta and Lynda.com now has a programming course for kids.
Last but not least, we know a bit more about Osman Rashid’s new edtech venture “Galxyz”, Collegefeed launched a career center platform and we might all soon be able to boost our learning by wearing the Halo Neuroscience Headband.
In the field of edtech things move very quickly. Over the past couple of weeks, we have covered lots of edtech startup news; now we think is a good moment to take a look at some recent news from the grown ups in the education space.
In this special edition of our weekly EdTech News rundown beyond funding, IPOs or mergers we take a look at lynda.com’s new coding course for children, Pearson’s free math tutorial app, Microsoft’s Bing for the Classroom and Barnes & Noble’s new textbook app.
This Friday Kirsten and Chris welcomed Katrina Stevens on the show. Katrina is an educator with of 20 years of experience as a teacher and administrator. She has worked in the district offices of Baltimore County Public Schools and is also a consultant and EdSurge’s summit coordinator.
Capture Education has raised a $1.2 million Angel Round for the company’s ScheduleSmart software. The round was led by North Coast Angel Fund and Ohio Business Angels with participation of Dublin-based Fast Switch Ltd and individual investors.
The funding will be used to hire programmers, and relocate into new offices.
Vancouver-based MediaCore announced that it has partnered with Pearson to expand the use of video in online courses.
Founded in 2010, MediaCore raised over $1 million in Seed Funding and works together with universities, Fortune 500 companies and smaller organisations reaching millions of learners worldwide.
During the annual Microsoft in Education Global Forum in Barcelona, the company announced some interesting partnerships alongside a keynote by Anthony Salcito, vice president, Worldwide Education at Microsoft that emphasized the value of student privacy.
“Privacy concerns are holding educators back from making the most of modern technology and preparing students to succeed in today’s workplace. At the same time, many solutions being used in the classroom are unintentionally putting student data at risk.
This week’s episode of On the Ed started twice as we had some trouble (as so often) with the Google Hangout on Air. But hey, that’s why we are still in alpha. So this time you don’t get one hour of edtech punditry but a more condensed version with the two Kirsten’s of edtech in Europe, as Kirsten Campbell-Howes put it.
— KirstenCampbellHowes (@campbellhowes) February 14, 2014
Chris could not join us this week as he is busy with the launch of a new startup. I am sure he will share some updates on that next week. Below you find the stories Kirsten and I talked about in the show plus some extra news items we did not have the time to cover.