IXL Learning Acquires Rosetta Stone Languages Division from Cambium Learning Group
February 4, 2021
Cambium Learning Group has agreed to sell Rosetta Stone’s Languages division to IXL Learning in a divestiture intended to streamline Cambium’s K‑12 portfolio and allow IXL to expand its personalized learning offerings to include Rosetta Stone’s language products. The transaction is expected to close in the first half of 2021, subject to regulatory approvals and customary closing conditions.
- Buyers
- IXL Learning
- Targets
- Rosetta Stone Languages
- Sellers
- Cambium Learning Group
- Industry
- Education
- Location
- Virginia, United States
- Transaction Type
- Divestiture
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