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In 2006, Pearson School Systems, a division of Pearson Education, acquired PowerSchool, a student information system, from Apple; terms of the deal were not disclosed. PowerSchool was a profitable product for Pearson; in 2014, it generated $97 million in revenue and $20 million in operating income.
PowerSchool headquarters sits on the American River at 150 Parkshore Drive in Folsom. The K-12 education software builder is being acquired by private equity firm Bain Capital for $5.6 billion ...
Buyout firm Bain Capital is in talks to take education-software provider PowerSchool private, a person familiar with the matter said on Wednesday. The deal, which is still a few weeks away from ...
Schoology was designed by Jeremy Friedman, Ryan Hwang, and Tim Trinidad in 2007 while studying at Washington University in St. Louis. [1] Originally designed for sharing notes, features were gradually added and modified. Schoology secured its first round of equity financing, totaling $1,250,000, with an investment of unknown origin in 2009 and ...
Pearson plc is a multinational corporation, headquartered in the UK, focused on educational publishing and services.. Originating in 1844 and named S Pearson and Son by Samuel Pearson in 1856, what began as a small local civil engineering business in Yorkshire grew between 1880 to 1927 into a massive diversified international conglomerate under the subsequent leadership of Samuel's grandson ...
PowerSchool is an online leading provider of K-12 education. PowerSchool CEO Hardeep Gulati joins Yahoo Finance’s On The Move panel to break down how kids have adapted to learning online amid ...
The company now operates public schools under management contracts from charter schools or school districts. A new corporate entity called Connections Education was established in early 2011. In this same year, on September 15, 2011, Pearson, an international learning company, acquired Connections Education for more than $400 million.
Vista Equity Partners is an American private equity firm that invests in software, data, and technology-enabled businesses. [4] [failed verification] With over $100 billion in assets under management (AUM), it is one of the largest private equity firms in the world. [5] Vista Equity Partners has invested in hundreds of technology companies ...
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