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 digital classrooms, and it's currently used by more than half of all K-12 schools in the United States, according to TechCrunch. Kahoot said the deal gives Clever an enterprise value of between $435 million and $500 million, TechCrunch reported.
Although Kahoot will own Clever upon closing of the transaction, it will remain an open platform and continue to operate under the Clever brand.
Editors' note: An earlier version of this article contained material from TechCrunch without proper attribution. The article has been updated.