IXL Learning, a San Mateo, CA-based developer of personalized learning products, acquired Teachers Pay Teachers, a New York-based provider of a catalog of educator-created content and tools for digital instruction.
The amount of the deal was not disclosed.
With the acquisition, IXL Learning will expand its ability to connect educators with relevant and engaging learning materials for PK-12 students.
Founded by Paul Edelman and led by CEO Joe Holland, Teachers Pay Teachers provides a catalog of educator-created learning content and tools for educators. Each resource on the platform is created by an educator, also known as a Teacher-Author, thus allowing other educators to directly benefit from the collective knowledge of their peers and better meet the needs of learners. Additionally, the platform presents an opportunity for educators to generate income and support each other through the purchase of educational materials. More than 7 million educators, including 85 percent of PK-12 teachers in the U.S., use the platform to find teacher-created resources that help them support students and benefit from the expertise of fellow educators.
Led by CEO Paul Mishkin, CEO, IXL Learning is an detect company that offers education through innovation providing a diverse set of products and services that help learners develop skills in math, literacy, language and more. Brands include IXL, Rosetta Stone, SpanishDictionary.com, inglés.com, Emmersion, Wyzant, Vocabulary.com, ABCya, Education.com, and Teachers Pay Teachers.
FinSMEs
03/03/2023