We will continue to strengthen, rethink and transform, “said Anita Kishore, Byju’s Chief Strategy Officer, with GroGebra providing key features and learning that provide interactive resources that adapt to all children’s styles. And with GeoGebra, we’re even more teaching and learning math. “Byju’s makes math fun, visual and engaging with the help of innovative education and technology. Our passion for learning and education resonates with Byju’s and makes them We will be the perfect partner for our future journey, “says Hohenwarter. “GeoGebra was born out of a passion to help students learn math in a visually appealing and engaging way. By using GeoGebra, Byju plans to make math “more attractive” to students, gain a wider range, and acquire the best resources to build innovative and exciting next-generation learning formats. We are investing heavily in the portion of the high startup Byjus ($ 18 in the world’s second largest internet market.Īccording to Byju’s, GeoGebra will continue to operate as an independent unit under founder and developer Markus Hohenwarter after the acquisition.Īccording to Byju, this acquisition complements its overall production strategy and helps create new product offerings and learning formats for existing math portfolios. Already for $ 1 billion, it has acquired well-known companies such as the Akash Institute, coding platform Tynker, online exam preparation startup Gradeup, Great Learning, Toppr and Epic, spending more than $ 2 billion on cash and equity trading.Įight-year-old GeoGebra operates interactive and collaborative math tools, has over 100 million learnings in nearly 195 countries, and has more than 115 million students on its platform, making it the most valuable. It has become the leading provider of dynamic mathematics software, supporting science, technology, engineering and mathematics (STEM) education and innovations in teaching and learning worldwide. The acquisition of GeoGebra is the 10th edtech major acquisition this year. GeoGebra is a community of millions of users located in just about every country. ![]() ![]() This time, in the form of Austria-based GeoGebra, a $ 100 million transaction is said to have added another name to the list, including both cash and stocks. At the same time, this has led to the expansion and growth of some startups (some have evolved into unicorns).īyju’s is one of the biggest players in edtech games, with acquisitions left and right this year. Last month, the edtech company launched a new tech incubator called Lab in the US, UK and India that will produce new IPs, technology, prototypes and products.Over the past year and a half, the education and engineering sector has grown exponentially, benefiting from an unprecedented shift to online classes after schools and universities have closed. And in September BYJU’s bought educational coding platform Tynker in another nine-figure deal. In July, the company purchased digital reading platform Epic for US$500 million, giving it access to Epic’s 50-million user base. This is just the latest in a string of 2021 acquisitions for BYJU’s. ![]() BYJU’s plans to integrate GeoGebra’s technology and learning tools into its existing portfolio, and eventually use that tech to create new products and formats as well. BANGALORE, India- ( BUSINESS WIRE )- BYJU’S, a homegrown Indian Edtech Company with 115 million students on its learning platform, has announced the acquisition of Austria-headquartered GeoGebra. It teaches general mathematics, geometry, algebra, spreadsheets, graphing, statistics and calculus. Once the ink dries, GeoGebra will continue to operate as an independent platform, with founder and developer Markus Hohenwarter staying in his current role.Īccording to BYJU’s, the educational math app for kids up to age 12 currently has more than 100 million users worldwide across 195 countries. Indian edtech company BYJU’s global expansion and acquisitions spree continues with the purchase of Austria-based online learning platform GeoGebra (pictured) as part of a nine-figure deal. Byju austriabased geogebra Ha-easy speaker wire to rca adapter Portoseguro corretor online Ck2 remove lunatic event Complimentary offering Endothecium.
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