Just days after the Cengage and McGraw-Hill merger announcement, Wiley announced a deal to buy the assets of ed-tech firm Knewton, in a transaction expected to close by the end of the month. The price was not disclosed — though Knewton was reportedly being offered at a “fire sale” price, with EdSurge saying, “There were […]
Higher Ed
Chegg to Outsource Print Textbook Business to Ingram
Building substantially on an initiative that began last August, Chegg.com will transition the handling of all print textbook inventory over to Ingram under a renewable, five-year agreement as the company that started as a textbook rental play moves towards becoming an all-digital “student hub.” (Digital textbook rentals will become Chegg’s biggest business, in which they compete […]
Safari Books Now Fully Owned By O’Reilly Media, and More
O’Reilly Media has become sole owner of Safari Books, buying out Pearson’s 50 percent stake for an undisclosed sum (though it’s expected Pearson will announce how much it was paid in their next financial report later this year.) Safari, founded in 2001 as a joint entity between O’Reilly and Pearson, will continue to operate as […]
Inkling Closes Consumer Business to Focus on Enterprise Side; Lays Off 25 Percent of Staff
Inkling is officially closing its consumer retail business and has laid off something close to 25 percent of staff as a result. (CEO Matt MacInnis confirmed the layoffs to TechCrunch, indicating that 25 percent “was a little high.”) The company will focus on the enterprise/platform side, licensing their technology to publishers and large companies creating […]
Taste Barnes & Noble College’s New Yuzu
A yuzu is a hybrid citrus fruit with curiously high ratio of seeds to juice — which makes it the perfect name for Barnes & Noble College’s new textbook app: “Yuzu is a next-generation digital education platform that enhances the everyday learning experience and makes college the rewarding journey it’s meant to be.” It has […]
Briefs: Trudeau Sentenced to 10 Years in Prison; Carnegie & Greenaway Awards Shortlists; and More
Allen Guelzo has won the inaugural Guggenheim-Lehrman Prize in Military History for GETTYSBURG: The Last Invasion (Knopf). The $50,000 prize was announced Monday night at a ceremony held at the New-York Historical Society. The Carnegie and Kate Greenaway Medal shortlists were announced this morning, with the winners to be named on June 23. Anne Fine, […]