Advance Publications buys online plagiarism detector Turnitin for $1.75 billion

//Advance Publications buys online plagiarism detector Turnitin for $1.75 billion

Advance Publications buys online plagiarism detector Turnitin for $1.75 billion

Advance Publications snapped up Oakland-based Turnitin for nearly $1.74 billion, according to people familiar with the transaction. The purchase of Turnitin, an online grading and anti-plagiarism company, will give Advance Publications an educational technology (edtech) presence. Edtech is a growing industry, with a record $1.45 billion in venture capital invested in U.S. edtech companies in 2018, according to EdSurge, up from $1.2 billion in 2017. “Investor interest in edtech has grown steadily…

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By | 2019-03-08T22:50:25+00:00 March 8th, 2019|Technology|

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