Instructure completed the acquisition of Parchment for $835m.

Instructure, a learning platform and maker of Canvas, completed the acquisition of Parchment, a software company, for $835m. "The addition of Parchment to the Instructure ecosystem enables our customers to offer flexible lifelong learning experiences to meet the needs of the ever-growing sector of non-traditional learners. By providing a verifiable and comprehensive digital passport of achievement records and outcomes for learners, we'll be able to help our customers navigate skill mastery, transfer credits, provide proof of prior learning, and much more," Steve Daly, Instructure CEO.