Having a background in language coaching, I tend to keep a close eye on the latest global trends in language learning. After a period of little innovation in the space, there is definitely a new wave of language learning startups hitting the market.
Live video lessons, the hot trend from seven years ago that proved to be little more than a flash in the pan, certainly had a chilling effect for edtech entrepreneurs and investors in the language learning space.
McGraw-Hill Education announced the acquisition of an 80% equity stake in Danish adaptive learning startup Area9. McGraw-Hill had already purchased a 20% equity stake in January 2013. Terms of the deal were not disclosed.
Editor’s Note: This post has first been published on edcetera – straight talk on edtech.
When reading those headlines with the top trends of the year, there seems to be confusion about which year actually was the “year of the MOOC”. Some say it was 2012, some go for 2013. Based on the slight cooling off during the last quarter of 2013 with Udacity and Coursera going into company training and edX cancelling its student matching efforts, we all might get the chance to talk and write about other interesting things going on in education right now.