Learneo Advances Platform Strategy with Second Acquisition this Year
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.
- "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.