Industry News

Kahoot Acquires Language Game Company Drops

• By Dian Schaffhauser
• 12/07/20

Online learning quiz tool Kahoot has acquired Drops, a company that produces language learning apps. Drops uses game-like activities to help people pick up a new language in daily five-minute sessions. The sale price was $31 million in cash with a $19 million bonus for meeting performance targets through 2022. Kahoot said that the acquisition was part of a strategy to expand into new areas of learning for school, work and home.

Drops' set of apps teaches language essentials — alphabets and vocabulary — through "snackable," swipe-based gaming components that use simple illustrations and visual association. The company currently covers 42 languages and said it has 25 million users. Revenue in 2019 was a reported €6.3 million.

"We've introduced millions of users across the globe to our playful, dynamic approach to language learning. Kahoot is doing the same for all types of learning," said Daniel Farkas, co-founder and CEO of Drops, in a press release. "We're excited to work with such a mission-aligned company to introduce the Drops platform to game-loving learners everywhere."

"We are thrilled to welcome Drops to the expanding Kahoot family as we advance towards our vision to become the leading learning platform in the world. Drops' offerings and innovative learning model are a perfect match to Kahoot's mission of making learning awesome through a simple, game-based approach," added Eilert Hanoa, CEO of Kahoot.