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New Deal


Announced

Completed

IXL Learning completed the acquisition of Curiosity Media.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Completed

Single Bidder

Majority

Friendly

Acquisition

language learning platform

Education Services

Domestic

Synopsis

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IXL Learning, a developer of personalized learning products, completed the acquisition of Curiosity Media, a language learning platforms creator. Financial terms were not disclosed. "Learning a language isn't just about building another skill set—it can also be an exciting journey that sharpens the mind, adds new dimensions to who we are and changes the way we view other people. Curiosity Media has done an outstanding job at bridging the space between the impact of languages and enthusiasm of learners, and our aim is to expand its reach even further. The addition of Curiosity Media increases IXL's investment in giving students more ways to discover, experience and enjoy new languages," Paul Mishkin, IXL Learning CEO.

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