Newsela Acquires Formative
June 27, 2023
Newsela has acquired Formative to combine its K-12 instructional content library with Formative’s real-time assessment and data capabilities, creating a more comprehensive instructional solution for teachers and administrators. The deal brings together Newsela’s 15,000+ content library and Formative’s assessment platform (used by over four million students) effective immediately to enable faster feedback, targeted intervention, and improved student outcomes.
- Buyers
- Newsela
- Targets
- Formative
- Industry
- Education
- Location
- California, United States
- Transaction Type
- Buyout
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