Newsela Acquires Formative, Bringing Together Best In Classroom Content And Assessment
Acquiring Company
Newsela
Acquired Company
Formative
Description
Newsela, the leading K-12 instructional content platform, announced today that it has acquired Formative, the leading real-time instruction and assessment platform. This acquisition brings together two beloved classroom products to provide a comprehensive instructional solution that engages students and accelerates learning.
Quick answer
Newsela is acquiring Formative, announced June 28, 2023. Newsela is based in New York, New York, United States.
- How much did Newsela pay for Formative?
- The deal value was not disclosed.
- What does Newsela do?
- Newsela is an innovative way to build reading comprehension with nonfiction that's always relevant: daily news.
- Where are Newsela and Formative based?
- Newsela is based in New York, New York, United States. Formative is based in Santa Monica, California, United States.
Source: Fundz verified event record.
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Who to call at Newsela, and when
When Newsela changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Newsela raises, hires an executive or expands, scored against what you sell
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Frequently asked
Who acquired Formative?
Formative was acquired by Newsela, based in New York. The deal was reported on June 28, 2023. Newsela is an innovative way to build reading comprehension with nonfiction that's always relevant: daily news. Newsela is privately held.
When did Newsela acquire Formative?
Newsela's acquisition of Formative was reported on June 28, 2023. Newsela, the leading K-12 instructional content platform, announced today that it has acquired Formative, the leading real-time instruction and assessment platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Formative do?
Formative is a web-based student response platform that allows teachers to give live assignments to students, enabling instant teaching adjustments and long-term student growth tracking. It is privately held, operating in Education, and is based in Santa Monica.
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