November 8, 2019 | Volume 50, Number 22

HMH Raises Guidance, Seeks Debt Refinancing

The Education segment at Houghton Mifflin Harcourt (Boston) drove strong revenue and billings results in the third quarter but the company has work to do on its operating ...

HMH, Writable Partner with Ecree to Add AI Feedback

Houghton Mifflin Harcourt (Boston) and writing practice and formative assessment platform Writable (Palo Alto, CA) in October began offering the Ecree (Durham, NC) AI feedback solution ...

Pearson Acquires Ed Tech Company Lumerit

Pearson’s (London/Hoboken, NJ) acquisition in October of higher education services firm Lumerit Education (Spring Branch, TX) highlights an ongoing change at traditional education ...

Pearson U.S. School Business Rebrands as Savvas Learning

Pearson K-12 Learning (Hoboken, NJ) is re-emerging as Savvas Learning Company after its new name officially was trademarked in October.The new name is part of a rebranding initiative ...

Chegg Unveils New Service, New Distribution Strategy

Yes, Chegg (Santa Clara, CA) once again reported increased revenue and adjusted EBITDA and raised year-end guidance, but the services-focused company in the third quarter also expanded ...

SAGE Publishing Launches SAGE vantage Course Platform

SAGE Publishing (Newbury Park, CA) is the newest entrant in the text-to-platform movement with its October launch of SAGE vantage, a digital course platform that initially is available ...

Nearpod Expands into the College Market

Head to nearpod.com and a visitor sees a site geared to bringing student engagement and joy to every K-12 classroom.Nearpod (Fort Lauderdale, FL) has focused on increasing student ...

Where Is the Consensus on Testing?

Testing—how much, whether to do it at all, and for what end—continues to be discussed at all levels of education. From the results of The Nation’s Report Card to wavering on ...

Financial Briefs, November 8, 2019

TailorEd (San Francisco), a provider of a platform of open educational resources for math subjects that allows educators to group and assign work to students based on indicators like ...

People Briefs, November 8, 2019

Penn Foster (Boston), a provider of middle-skills training that works with employers to attract, develop, and retain talent, in November named Stephen Laster chief digital & ...

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