LanguageTool

Learneo Advances Platform Strategy with Second Acquisition this Year

Retrieved on: 
수요일, 5월 31, 2023
Learning, CliffsNotes, Barnes & Noble Education, Course Hero, Acquisition, LanguageTool, AI, Student Brands, NYSE, DSS, Tutoring, Symbolab

REDWOOD CITY, Calif., May 31, 2023 /PRNewswire/ -- 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.

Key Points: 
  • "Learneo is shaping a world where everyone has the resources to learn and achieve their fullest potential," said Andrew Grauer, CEO of Learneo.
  • 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.
  • Learneo now comprises eight business lines including CliffsNotes, Course Hero, DSS (bartleby® and Student Brands), LanguageTool, LitCharts, QuillBot, Scribbr, and Symbolab.

Learneo, Inc. Accelerates AI Writing Innovation with LanguageTool Acquisition

Retrieved on: 
수요일, 4월 5, 2023
CliffsNotes, Communication, Course Hero, Life, B2B, Naber, Head, B2C, Language, Acquisition, LanguageTool, Reading, AI, Linguistics, Management, Symbolab

REDWOOD CITY, Calif., April 5, 2023 /PRNewswire/ -- 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.

Key Points: 
  • This acquisition adds to Learneo's robust suite of writing solutions, while also advancing the company's larger international expansion strategy.
  • "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."
  • "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.
  • With this acquisition, Learneo now comprises seven distinct business lines: CliffsNotes , Course Hero , LanguageTool , LitCharts , QuillBot , Scribbr , and Symbolab .