In a recent webinar, EdWeek Market Brief spoke with experts who broke down what the regulations mean for education organizations. Market: ChinaĬhina recently issued a far-reaching set of regulations that restrict tutoring, which will impact organizations that serve students, parents, and schools in the country, including Western education businesses. Genially, an interactive content creation platform used in both educational and corporate contexts, raised $20 million in Series B funding. Interactive content creation platform raises $20 million. The two companies said they will continue to collaborate to serve other states. “We have a shared mission of supporting education equity, and this deal allows for ETS to continue our work in the K-12 market to support students, parents, educators and states in expanding education opportunities,” ETS President and CEO Walt MacDonald said in a statement. The merger is a “big step forward” in NWEA’s efforts to “partner with states to create balanced assessment systems that leverage data in new ways,” the company said in its announcement. And NWEA will acquire a non-exclusive license for innovative content and performance tasks from ETS’ assessment program, Winsight, according to the announcement.Īdditionally, NWEA will take over state assessment contracts and associated technology from Questar Assessments, an ETS subsidiary, for Georgia, Mississippi, Missouri, and New York. Through the acquisition, NWEA will take control of ETS’ cloud-based enterprise assessment platform. NWEA, the nonprofit ed-tech provider known for its interim assessments, will acquire some assessment-related technology from testing organization ETS and take over its contracts with several states.
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