Inside Higher Ed | January 11, 2022
THE (Times Higher Education), the world's leading provider of higher education data and insights, is delighted to have completed the acquisition of Inside Higher Ed, the U.S. provider of news, analysis and solutions for universities and colleges.
The acquisition brings together two of the leading brands in global higher education, with combined audiences exceeding 50 million unique users per year, encompassing university leadership, faculty, professional staff and students, as well as policy makers and others.
Inside Higher Ed, founded in 2004, reaches an annual audience of 25 million, consisting primarily of higher education professionals in the U.S., with its independent news and analysis, industry insights, jobs board and other tools and services.
It joins THE's portfolio of companies at an exciting time. With offices in the UK, U.S., Australia and Singapore, THE was acquired by Inflexion Private Equity in February 2019 following a period of rapid global growth.
Celebrating its 50th anniversary in 2021, THE continues to provide news, insights and thought leadership, and works with thousands of universities globally, collecting data from more than 3,500 institutions, and working with 800 clients across its data, consultancy and hiring services. It is also known for its events, including the flagship THE World Summit Series, which engaged over 45,000 people globally in 2021.
Inside Higher Ed will continue to operate independently under its existing brand. The two businesses will bring together their expertise, relationships and insights, and together will have unrivaled reach across the world's key higher education markets.
This combined scale and their complementary strengths and services will enable THE and Inside Higher Ed to enhance their shared mission to provide news, information and services that help colleges and universities to analyze and improve their performance whatever their strategic goals.
Scott Jaschik, who founded Inside Higher Ed with fellow co-editor Doug Lederman, said: "We are thrilled to be joining forces with THE, especially during this period of growth. We have often collaborated with THE and this new chapter in our relationship will allow us to be more effective than ever at informing the world about higher education, while also expanding our ability to provide essential tools and services to help organizations and professionals be more effective."
"The rapid organic growth that THE has seen in recent years has been driven by its evolution into a powerful, global data business. Now, with the backing of our investors at Inflexion Private Equity, we are in a position to further strengthen our position in the market through strategic acquisitions. We see Inside Higher Ed as an ideal partner as we continue to extend our reach and the services we offer. It is a business that shares THE's values and mission to support excellence in higher education, and we look forward to working with Scott, Doug, Inside Higher Ed CEO Dari Gessner and the wider Inside Higher Ed team, so that together we can do even more to support universities and colleges across the US, and the rest of the world."
Paul Howarth, CEO at THE
THE is the world's most authoritative source of data, analysis and information on higher education, with five decades' experience dedicated to the field: www.timeshighereducation.com
ABOUT Inside Higher Ed
Founded in 2004, Inside Higher Ed provides the latest news, analysis and solutions for the entire higher education community: www.insidehighered.com.
Gale | June 26, 2019
Some 110 school leaders from across the nation attended the National Connected Superintendents on November 20. The event was part of the Obama administration’s 5-year plan, ConnectED, to provide nearly universal high-speed broadband connectivity to schools and libraries. Currently, fewer than 40% of schools have access to high-speed Internet. U.S. Secretary of Education Arne Duncan notes that America must compete with countries like South Korea, which have replaced hard copy textbooks with digital content and Uruguay, where each student is assigned a digital device. In this country, he noted, “The divide between the haves and have-nots cannot be over educational opportunity.
Lightspeed Systems | August 12, 2020
Austin, TX, Aug. 12, 2020 (GLOBE NEWSWIRE) — Lightspeed Systems™ (“Lightspeed” or “the Company”), creator of the leading K-12 online safety and analytics solutions, today announced a groundbreaking, statewide partnership with the Kentucky Department of Education to implement their cloud-based Filter statewide across K-12 public schools. Through the partnership, the Lightspeed Filter will be available to almost a million students, teachers, and administrators across the state of Kentucky.
BrightChamps | February 08, 2022
Goa-based global edtech platform, BrightCHAMPS, announced the acquisition of Education10x, a financial literacy education platform for children, in a cash & stock deal on Tuesday. The acquisition is in line with BrightCHAMPS' vision of providing a one-stop solution for future-ready life skills to children in the K-12 segment.
18-month-old Education10x was founded by IIM-Calcutta alumni Gyan Tiwari, Prasanna N Muley and Bhavishya Chaurasia. The company has developed the world's first gamified finance program for young children and teens from 8 to 16 years of age. The program's interactive curriculum is delivered in a live, 1-on-1 class model by finance professionals who hold CA and MBA degrees. Education10x currently offers classes to students from 20 countries, including Saudi Arabia, Kuwait, US, Canada, UAE, Qatar, Bahrain, and Oman.
Announcing the deal, Ravi Bhushan, Founder & CEO, BrightCHAMPS, said, "At BrightCHAMPS, our aim has always been to equip children with all the next-generation future-ready skills which they will need to lead fulfilled, successful lives. We believe financial literacy is one of the best gifts that can be provided to the children. Aware and progressive parents across the globe have already started realizing its importance and we are already seeing an amazing early interest from people across the world. With that in mind, we're delighted to welcome Education10x, with its demonstrable track record of achieving phenomenal learning outcomes within the financial literacy for children's space, to the BrightCHAMPS family."
"Education10x was started with the mission of teaching the critical life skill of financial literacy to children overlooked by current education systems. Over the last 18 months, we've seen tremendous response from parents and children globally and now with the support of BrightChamps, we will be further investing heavily in global expansion, launching new courses in cryptocurrency and entrepreneurship, hiring across verticals and building products that can provide an even more sophisticated experience for children."
Gyan Tiwari, Co-Founder, Education10x
Launched in 2020, BrightCHAMPS has presence in 30+ countries and was valued at $500 million in August 2021, after raising $63 million. It currently employs thousands of educators who deliver tens of thousands of classes around the world every month, for children in the age group of 6-16 teaching them next-generation future-ready skills for thriving in the modern world.