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July 18, 2011 06:30 pm GMT

Blackboard Buyer Providence Equity Acquires Personalized Online Learning Platform From PrepMe

Digital learning company Ascend Learning is acquiring PrepMe's adaptive learning platform and virtual classroom SaaS. Ascend is actually owned by Providence Equity Partners, which just acquired Blackboard for $1.64 billion. Financial terms of the PrepMe deal were not disclosed. As we wrote in our review of PrepMe's offering, Coursification is a web-based application for personalized online learning courses. What differentiates Coursification from other course management and online learning platforms is that it helps teachers offer a tailored, personalized curriculum to each student based on their performance and learning schedule.

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