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July 9, 2012By Michael Cader

eNews: Macmillan’s $100 Million+ for Acquisitions; TED Launches Reading App/Store

July 9, 2012By Michael Cader

Former Questia founder Troy Williams, who joined Macmillan as general manager of New Ventures in fall 2010, tells Pando Daily that Holtzbrinck has allocated something over $100 million for him to purchase “ed-tech startups that will eventually be the future of Macmillan…as Macmillan transitions out of the content business and into educational software and services.” Williams indicates to them he “plans to do five deals this year and 10 to 15 over the course of the next five years.” Acquisitions so far include Prep-U, a student “quizzing engine,” i-Clicker, a mobile classroom polling company, and most recently Educational Benchmarking, a […]

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Filed Under: Apps/iOS, eNews, Financing/Start-Ups, Higher Ed

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