PRnewswire | June 01, 2023
Learneo, Inc., a platform of productivity and learning businesses and technologies, today announced that it entered into a definitive agreement and closed on the acquisition of the Digital Student Solutions (DSS) segment of Barnes & Noble Education, Inc. (NYSE: BNED), which includes bartleby® and Student Brands. DSS expands Learneo's suite of supplemental learning technologies with multiple subscription-based solutions offering high-quality educational content, as well as study and writing support and tools across several languages.
"Learneo is shaping a world where everyone has the resources to learn and achieve their fullest potential," said Andrew Grauer, CEO of Learneo. "The addition of DSS to our suite of digital study and writing solutions, helps us deliver on our vision by expanding our educational offering and diversifying Learneo's reach to new audiences and markets worldwide."
In December 2022, Learneo established an ambitious plan to develop and acquire productivity and learning technologies. The acquisition of DSS quickly follows the Company's acquisition of the AI-powered multilingual writing platform, LanguageTool, last month. It is also the Company's third acquisition since its $395 million series C funding round. Learneo now comprises eight business lines including CliffsNotes, Course Hero, DSS (bartleby® and Student Brands), LanguageTool, LitCharts,
QuillBot, Scribbr, and Symbolab.
At a time when the market is massively fragmented and experiencing accelerated change, Learneo's platform of businesses is pioneering advances in productivity and learning through AI and emergent technologies to enhance learning, skill development and improve communications, for anyone, anywhere, and at any time.
Learneo is pioneering a platform of productivity and learning businesses. The platform of businesses includes CliffsNotes, the original and iconic study guide company; Course Hero, an online learning platform of academic resources; LanguageTool, a multilingual writing platform; LitCharts, a creator of literature resources; QuillBot, an AI-powered writing companion; Scribbr, a multilingual academic proofreading service, and Symbolab, an AI-based mathematics resource. The company has office hubs in the U.S., Canada, Germany, Israel, India, and the Netherlands.
PRnewswire | April 06, 2023
Learneo, Inc., an ambitious new platform of productivity and learning businesses and technologies, today announced its acquisition of German-founded LanguageTool, a multilingual writing platform for English, Spanish, and 30 other languages. This acquisition adds to Learneo's robust suite of writing solutions, while also advancing the company's larger international expansion strategy.
"We are committed to supporting builder-driven businesses that help people learn and do more, faster, better, and more affordably—wherever learning occurs," said Andrew Grauer, CEO of Learneo. "The LanguageTool business fits squarely in our investment thesis and accelerates our mission thanks to their values-aligned and ambitious co-founders, their broad customer reach of B2C and B2B clients across the globe, and their unique language and AI expertise."
Globally, most people communicate in more than one language today. Employers are increasingly expecting their employees to engage with colleagues, partners, and customers in multiple languages. In the U.S., for example, 9 out of 10 U.S. employers have reported that they rely on U.S.-based employees with language skills other than English.
Born out of an interest in helping professionals communicate in an increasingly global world, Daniel Naber started LanguageTool as a part of his diploma thesis while studying computational linguistics in 2003. Naber spent many years building LanguageTool in his free time, initially as an open-source project and later as a business when he joined forces with Christopher Blum. Blum had previously founded the spell checking platform, Spellboy, and the two decided to collaborate and unify their experience by co-founding LanguageTool as a business. Today, LanguageTool boasts over 60,000 paying subscribers, including professionals and enterprise clients, and millions more free users across Europe and Latin America.
"Having built LanguageTool over the course of the last 20 years, it has been exciting for us to find a partner so clearly aligned with our mission who also understands our advanced technology and can support our continued innovation in a moment of rapid technological evolution," said Naber. "Joining the Learneo team and having the ability to work alongside talent with phenomenal writing and AI expertise to accelerate our vision is a dream come true. We are deeply motivated by the possibilities that lie ahead!"
With this acquisition, Learneo now comprises seven distinct business lines: CliffsNotes, Course Hero, LanguageTool, LitCharts, QuillBot, Scribbr, and Symbolab. Individually, and together, Learneo's platform of businesses is pioneering advances in a wide range of applications for emergent technologies, including the use of AI to improve people's written communications, reading, and math skills, whether they are in school, a professional work environment, or simply navigating everyday life. Most recently, QuillBot announced the addition of an AI-augmented translator to its platform, allowing users to translate complex texts and better understand the nuances of sentence structure, word choice, and verb conjugation.
"In an ever-more-globalized, asynchronous work environment, accessible multilingual expertise for written communication is in high demand," said Rohan Gupta, CEO of QuillBot and head of Learneo's writing vertical. "Daniel, Christopher and the LanguageTool team have built something truly unique, and I am excited for us to build together, to evolve each of our product lines across Learneo's writing vertical, and to advance the international writing industry at large."
Learneo is pioneering a platform of productivity and learning businesses. The platform of businesses includes CliffsNotes, the original and iconic study guide company; Course Hero, an online learning platform of academic resources; LitCharts, a creator of literature resources; QuillBot, an AI-powered writing companion; Scribbr, a multilingual academic proofreading service, and Symbolab, an AI-based mathematics resource.
CORPORATE LEARNING SYSTEMS
PRnewswire | April 25, 2023
The State of South Carolina has once again selected WIN Learning as its career readiness assessment partner, proactively responding to business and industry demand for work-ready talent.
In collaboration with the South Carolina Department of Education (SCDE), WIN will lead delivery of research-based assessments measuring the foundational employability skills and soft skills each year of all 11th-grade students, spanning more than 80 school districts and 250 high schools statewide as required by state policy (SC Code § 59-18-325). Twelfth-grade students also have the opportunity to take or retake the assessments. The results benchmark district and school advancement toward ensuring all students are career-ready upon graduation. This year, school testing was conducted March 27-April 14.
"South Carolina Department of Education is a longtime partner of WIN," said Teresa Chasteen-Dunn, CEO of WIN Learning. "We are excited to continue our partnership to ensure that all South Carolina students graduate high school with the skills they need to succeed in their future careers."
Students who pass the assessments earn the South Carolina Work Ready Credential, demonstrating mastery of foundational math, reading and data analysis skills, and the South Carolina Work Ready Essential Soft Skills Credential, validating mastery of professional skills including communicating effectively, conveying professionalism, promoting teamwork and collaboration, and thinking critically and solving problems. The credentials are endorsed by the National Work Readiness Council as tools for educators, workforce development professionals, and employers to determine students' readiness for post-secondary education and technical training, apprenticeship, on-the-job training, and ultimately employment.
The WIN-powered assessments used by South Carolina have been developed in direct response to education, workforce, economic development, and business and industry demand for a common measure of students' career readiness. WIN's solutions are based on the U.S. Department of Labor O*NET Content Model Framework, which is widely recognized as the nation's primary source of occupational data. The Work Ready assessments target the transferable career readiness skills that employers in South Carolina and nationwide commonly define as essential to gain and maintain employment across industries, in occupations from entry level to professional. The assessment learning objectives correlate to the Profile of the South Carolina Graduate, a set of standards for the career and life skills high school students should master by the time they graduate.
WIN was chosen as the state's foundational career readiness partner through competitive bid, ranking as the preferred provider based on expertise and experience, technical approach, and value. "South Carolina Department of Education is a longtime partner of WIN," said Teresa Chasteen, CEO of WIN Learning. "We are excited to continue our partnership to ensure that all South Carolina students graduate high school with the skills they need to succeed in their future careers."
About WIN Learning
Since 1996, WIN has become the leading provider of career readiness solutions to help business, industry, workforce and districts prepare pathways for students' and job seekers' futures, whether they are college, trade school, military or workplace bound. WIN's e-learning solutions include academic and employability skills courseware, assessments, and nationally recognized credentials endorsed by the National Work Readiness Council (www.nwrc.org). To date, more than 10 million students worldwide have participated in the specialized career-driven courseware and education intervention initiatives as well as career readiness certification programs.