Wiley, the US-headquartered global research and education company, has reported an adjusted EBITDA of $355.8m for the year ended 30 April 2020, on revenue up 2% to $1,831m.
Cengage has reported an adjusted EBITDA less pre-publication costs of $267.9m for the year ended 31 March 2020, on adjusted revenue down 8% to $1,321m.
HarperCollins has appointed Alex Beecroft as managing director of Collins Learning.
Chegg, the direct to student digital learning platform, has acquired maths solutions app Mathway, in an all-cash transaction.
Carnegie Learning, the CIP Capital-backed provider of research-based learning solutions, has launched MATHiaFlex, a course creation tool for teachers based on MATHia, Carnegie’s adaptive learning software platform.
Playvation, a Helsinki-based provider of children’s language learning resources, has raised EUR 700k in seed funding from Sparkmind.vc.
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