What is the story about?
What's Happening?
IXL Learning has announced the acquisition of Evan-Moor, a PreK-8 publishing company known for its workbooks and activity guides. This acquisition is part of IXL's strategy to expand its presence in the printed educational materials market. Evan-Moor, established in 1979, provides both print and digital resources, including a subscription service called TeacherFileBox. The acquisition follows IXL's previous purchase of Carson Dellosa Education, furthering its efforts to diversify beyond digital offerings. IXL CEO Paul Mishkin highlighted the potential for combining Evan-Moor's content with IXL's expertise to create more personalized learning experiences.
Why It's Important?
The acquisition signifies a strategic move by IXL Learning to broaden its market reach by incorporating more printed materials into its offerings. This expansion could enhance IXL's ability to cater to a wider audience, including classroom teachers and homeschooling families who rely on both digital and print resources. The move also reflects a growing trend in the education sector where companies are diversifying their product lines to include a mix of digital and traditional educational tools. This could potentially increase competition in the educational publishing market, benefiting consumers with more varied and comprehensive learning resources.
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