Apple has acquired LearnSprout, a three-year-old San Francisco-based education-technology startup. Neither of the companies disclosed the financial terms of the deal.


LearnSprout offers online data insights to help K-12 educators. The startup aims to help schools make sense from data held in Student Information Systems - see a trend in attendance, health etc. The startup, which also offers multi-year trend reports, also handles data duplication and serves developers and schools with most up-to-date information.


Founded in 2012 by Franklyn Chien, Anthony Wu, and Joe Woo - veterans, respectively, of Facebook, Google, and Microsoft - LearnSprout has in its three years of existence has expanded services to more than 2,500 schools and 200 districts across 42 states in the US.

In the past, the company has raised a sum of $4.7 million (in two rounds, $500,000 and $4.2 million) from some high-profile investors including Andreessen Horowitz and Samsung Ventures.

Apple confirmed the acquisition to Bloomberg with its usual boilerplate statement, "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans."

Source :http://ogatech..com

Visit http://ogatech..com for more techy news daily