News Corp sells digital education businesses
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News Corp sells digital education businesses
#1
MUMBAI:
Rupert
Murdoch's
News
Corp
has
sold
its
Amplify
Insight
and
Learning
businesses
to
a
management
team
supported
by
a
group
of
private
investors.
As
a
result
of
the
sale,
beginning
in
first
quarter
of
fiscal
2016, News Corp will reflect the
results of its digital education
segment as discontinued operations.
“We are extremely proud of the
crucial work that the Amplify team
has done to create a digital platform
for the future. It is tragic that so
many children are digitally literate
but functionally illiterate, and it has
been the cherished vision of all at
Amplify to ensure that students,
regardless of their background, have
access to a contemporary curriculum
delivered on a contemporary
platform,” said News Corp CEO Robert
Thomson.
“There is no doubt that the
foundations laid by the creative team
at Amplify will be profoundly
influential in coming years as both
curriculum and classroom evolve. All
who have been involved in the Amplify
business at News Corp should be
conscious of their contribution to
education in the US and beyond,” he
added.
Amplify was founded in 2011 and is a
provider of educational analytics and
assessments. To date, Amplify has
supported more than 200,000
educators and three million students
in all 50 US states, empowering
teachers to offer more personalised
instruction, so that students become
more active, engaged learners.
Amplify’s best-in-class digital
curriculum targets K-12 reading,
math and science, using immersive and
rigorous learning experiences and a
comprehensive portfolio of
educational games.
Financial terms of the transaction
were not disclosed.
http://www.indiantelevision.com/televisi...ses-151001
ANIL G


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