Oslo-based Kahoot, a gaming learning platform, announced the acquisition of Clever Inc., a California-based company that is one of the most widely used digital learning platforms by U.S. K-12 schools. The partnership between the two companies comes as learning opportunities grow in the U.S. amid the outbreak of COVID-19.
Clever is a startup that has built a single-sign-on portal for educators, students and their families to build and engage in digital learning classrooms, and is currently used by about 65% of all U.S. K-12 schools. The deal gives Clever an enterprise value of between $435 million and $500 million.
Although Kahoot will own Clever upon closing of the transaction, it will remain an open platform and continue to operate under the Clever brand.
Penelope Blackwell is a reporting fellow at Protocol covering edtech. She reports on the developments in tech that are shaping the future of learning. Previously, she interned at The Baltimore Sun covering emerging news and produced content for Carnegie-Knight's News21 documenting hate and bias incidents in the U.S. She is also a recent graduate of Columbia University's Graduate School of Journalism and Morgan State University.