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Friday, November 16, 2012

Macmillan Adds Sapling to Portfolio

A recent spending spree saw John Wiley & Sons purchase Deltak.edu LLC, which develops online degree and certificate programs, and Blackboard increase its investment in its own online course-development and management services continued with the acquisition of Sapling Learning by Macmillan New Ventures.

Sapling Learning provides interactive homework and learning software in the science, technology, engineering, and mathematics (STEM) fields. At the time of the purchase in early November, the Sapling system had been adopted in more than 800 schools and universities after peer reviews showed that students who use its solution improve their letter grade by at least one half.

“Macmillan New Ventures’ mission is to find and accelerate proven technology solutions in education that are making a real difference in the core mission of the education endeavor: helping students learn more and learn faster,” said Troy Williams, president of Macmillan New Ventures, in a press release. “Sapling has a product that demonstrably increases student achievement in contrast to a lot of what we see in edtech: companies with attractive features and software but no clear data that student outcomes are improving.”

New Ventures bought EBIMAP-works, a student success and retention platform, earlier this year and also owns i>clicker, a student response system, and PrepU, an adaptive learning platform.

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