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April 2, 2013 05:22 pm GMT

Rosetta Stone Buys Up Online Language Learning Community Livemocha For $8.5M In Cash

livemocha-iphoneRosetta Stone has just acquired Seattle-based online language-learning community Livemocha for $8.5 million in cash. Livemocha has one of the largest online language-learning communities in the world, boasting over 16 million members from over 195 different countries. Rosetta Stone will likely use Livemocha's cloud platform to offer its language packages online — they were once only available via disc set, with a complimentary iPad app.

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