Turnitin, an Oakland, California-based company that provides plagiarism detection technology and writing tools for the K12 and higher education market, has acquired ExamSoft, a software-based assessment platform, from Spectrum Equity.
Dallas-headquartered ExamSoft allows educational institutions and certification and licensing programmes to protect exam integrity and streamline assessment processes.
Turnitin chief executive Chris Caren said: “Turnitin and ExamSoft share a passion for student success and delivering innovative assessments. Turnitin expanded its assessment capabilities beyond our historical essay focus when we acquired market-leading STEM assessment solution Gradescope two years ago.
“ExamSoft’s robust testing platform meaningfully complements and grows our existing assessment offerings. Together, we form an even stronger company that meets the ever-changing needs of the educational and professional organisations we serve.”
ExamSoft chief executive Sebastian Vos added: “Turnitin and ExamSoft are both committed to safeguarding integrity in education. We look forward to working with the Turnitin team to continue to advance integrity solutions across all levels and modalities of education to improve learning outcomes.
“We would also like to thank Spectrum Equity for their support and partnership over the past six years. Spectrum always recognised the distinctive value proposition of our product set and the depth of our customer relationships.
“They worked tirelessly alongside us to leverage these core attributes, expand our strategic vision, and accelerate the growth of our business.”
Spectrum Equity managing director Steve LeSieur said: “ExamSoft has evolved from a small summative assessment business focusing on a single graduate vertical to a multifaceted assessment platform with several scaled products, accelerating growth and expanding end-markets, thus becoming a highly valuable enterprise at scale.
“We are confident that together, ExamSoft and Turnitin will continue to make a meaningful impact in improving outcomes in education.”
Date published: 21 October 2020