“Apple will sell PowerSchool, its division that develops student information systems for K-12 school districts, to Pearson Assessments,” Nick dePlume reports for Think Secret.
“The companies have yet to announce the sale, which will be effective June 1. Apple informed PowerSchool employees of the sale yesterday morning. Terms of the deal are not known,” dePlume reports. Apple purchased PowerSchool “for $62 million in stock, a play intended to strengthen the Mac maker’s hold on K-12 education… PowerSchool continued to grow under Apple’s watch, and today the software is used by thousands of school districts. The product is a three-time winner of the Software and Information Industry Association’s CODiE award for the best K-12 SIS. But the PowerSchool division had a turbulent life at Apple after the acquisition.”
“Pearson Assessments, a division of education publishing giant Pearson Education, is a provider of data collection and assessment/scoring tools. The company’s products include its own student information system, SASI,” dePlume reports. “Pearson Education is a part of London-based media company Pearson. The conglomerate’s holdings include the Penguin book publishing group and the Financial Times.”
Full article here.
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