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TES Global acquires Blendspace

TES Global has taken another competitor off the market, acquiring US firm Blendspace for an undisclosed sum.
 
TES Global provides resources for over 5.9 million teachers worldwide, through platforms such as TES Connect and ShareMyLesson. San Francisco’s Blendspace provides web-based tools that enable teachers to create digital, self-paced lessons for their students.
 
Blendspace will become part of Wikispaces, which TES Global acquired in February this year for an undisclosed sum.
 
Louise Rogers, chief executive of TES Global, said: “At TES Global, enhancing the reach and functionality of our resources platform is one of our top priorities and I believe the addition of Blendspace into our portfolio is a strong complement to the tools currently being developed, and will enable us to further expand our range of classroom technologies.”
 
Last month TES Global bought supply teacher recruitment agency Vision for Education, and revealed plans to raise £300 million from the bond markets.
 
TPG Capital bought TES from Charterhouse for a rumoured £400 million in July last year
 
 


Posted on: 30/07/2014




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