K-12 Dealmaking: Chegg Acquires Language Learning Platform; Startup MindX raises $3M
Textbook and tutoring company Chegg is acquiring a leading language learning platform to expand its offerings into different languages. The company announced it will acquire Busuu, a UK company, for approximately $436 million in an all-cash transaction. Founded in 2008, Busuu offers courses in a dozen languages and serves more than 500,000 paying subscribers, according to the…
Source: edweek.org