1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Germany >
  5. Chegg Acquires Cogeon

M&A Deal Summary

Chegg Acquires Cogeon

On October 18, 2017, Chegg acquired education company Cogeon

Acquisition Highlights
  • This is Chegg’s 1st transaction in the Education sector.
  • This is Chegg’s 1st transaction in Germany.

M&A Deal Summary
Date 2017-10-18
Target Cogeon
Sector Education
Buyer(s) Chegg
Deal Type Add-on Acquisition

Target

Cogeon

Berlin, Germany
Cogeon GmbH develops a scalable core technology for automated, individualized and adaptive mathematical learning applications. Cogeon’s platform is a proven math learning system which optimizes individual math learning pathways for learning and solving math problems and exercises. Cogeon’s primary application–Math 42–is a trusted math learning app offering hierarchical step-by-step exercises, concept walk-throughs, and personalized assessment, built upon an artificially intelligent learning engine. Built by a family of expert chess players and exceptional mathematicians with deep technical expertise, Cogeon’s math technology is rooted in a unique combination of mathematical, technological and didactical frameworks.

Search 205,401 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Chegg

Santa Clara, California, United States
Category Company
Founded 2005
Sector Consumer Services
Employees3,043
Revenue 716M USD (2023)
DESCRIPTION

Chegg offers products and services that help students throughout the learning lifecycle, from choosing a college through graduation and beyond. To deliver these services, the Company partners with several third parties. Chegg was founded in 2005 and is based in Santa Clara, California.

DEAL STATS #
Overall 11 of 16
Sector (Education) 1 of 2
Type (Add-on Acquisition) 10 of 15
Country (Germany) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 Imagine Easy Solutions

New York, New York, United States

Imagine Easy Solutions LLC is a provider of cloud based popular service EasyBib.com and other essential writing tools with capabilities such as citations, bibliography, writing structure and anti-plagiarism.

Buy $42M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-16 WriteLab

Berkeley, California, United States

WriteLab, Inc. is an online writing tool offering immediate, objective and constructive responses to help people learn to write better. WriteLab offers users can type, copy-and-paste, or upload drafts for the tool to analyze and provide specific feedback, suggest revisions and ask questions to help users improve their writing. WriteLab, Inc. was founded in 2013 and is headquartered in Berkeley, California.

Buy $20M
Mergr

Product

Company

Legal