The latest news and information about startups and innovations in education.
Enjoy this week’s digest with resources covering The Consortium for School Networking (CoSN) 2020, the digital divide deepening in the U.S. and a look at mergers and acquisitions in the EdTech sector.
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The Consortium for School Networking (CoSN) is resuming its annual conference virtually from May 19-21, making it one of the first K–12 national education conferences being held online. The thought leadership event, which drew more than 1,000 attendees in 2019, was slated for mid-March. But because of official health and safety advisories regarding the novel coronavirus, CoSN’s Board of Directors split the conference into a two-part virtual experience.
The coronavirus crisis is exacerbating the digital divide in the US. Families that have ready access to technology are better equipped to ride out the current school closure, while poorer students are falling further behind. One way to bridge the gap is to ensure that all students, regardless of income level, have access to the Internet.
The Edtech focus has been evolving even more since a few months and this has notably shown in the number of mergers and acquisitions (M&A). The current pandemic would most probably benefit to the upcoming growth of the sector, event though “its existing and future success derives from secular trends which run much deeper”. 3 identified tendencies which have been driving those EdTech M&A in recent years are presented:
1. Publishers looking to reposition their offering to be fit for purpose now and in the future,
2. Start-ups seeking to capture market share with customers who are notoriously conservative, and
3. Private equity attempting to secure a slice of the (increasingly valuable) action.
Laura Truncellito- Laura is the founder and CEO of Language Scholars, LLC, a company which seeks to utilize cutting edge technology to enhance global learning and communication. firstname.lastname@example.org
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