Ed Tech Industry
Learning Objects Acquired by Cengage
Cengage Learning has bought out ed tech company Learning Objects, which provides a learning platform and instructional design services for colleges and education.
According to Cengage, "Learning Objects complements Cengage Learning's existing portfolio of award-winning course solutions and enables the company to take advantage of the momentum toward competency-based learning, adaptive learning and open educational resources. In addition, Cengage Learning will be able to offer instructors and institutions a content-agnostic platform with flexible program-level curriculum development and delivery models and a unified learner experience. Cengage Learning will also be able to serve as a preferred technology partner for other publishers seeking new and innovative content delivery solutions."
Cengage CEO Michael Hansen said, "Our MindTap customers will gain new functionality. In short, with this acquisition, we will better serve institutions looking to grow the impact and reach of their programs."
Cengage did not disclose the terms of the acquisition.