M&A Deal Summary

IXL Learning Acquires Rosetta Stone

On March 17, 2021, IXL Learning acquired software company Rosetta Stone

Acquisition Highlights
  • This is IXL Learning’s 1st transaction in the Software sector.
  • This is IXL Learning’s 5th transaction in the United States.
  • This is IXL Learning’s 1st transaction in Virginia.

M&A Deal Summary
Date 2021-03-17
Target Rosetta Stone
Sector Software
Buyer(s) IXL Learning
Deal Type Add-on Acquisition

Target

Rosetta Stone

Arlington, Virginia, United States
Rosetta Stone is a provider of online language learning software. Rosetta Stone was founded in 1992 and is headquartered in Arlington, Virginia.

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Buyer(S) 1

Buyer

IXL Learning

San Mateo, California, United States
Category Company
Founded 1998
Sector Media
DESCRIPTION

IXL Learning, Inc. is a K-12 personalized learning platform company focused on delivering learning experience used by more than 7 million students worldwide. IXL Learning was formed in 1998 and is based in San Mateo, California.

DEAL STATS #
Overall 6 of 11
Sector (Software) 1 of 2
Type (Add-on Acquisition) 6 of 10
State (Virginia) 1 of 2
Country (United States) 5 of 10
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-04 Wyzant

Chicago, Illinois, United States

Wyzant, Inc. offers an expansive digital network of more than 65,000 tutors from a broad spectrum of academic and professional fields. Wyzant seamlessly connects students to the perfect tutor for online or in-person lessons geared toward their unique needs. Wyzant tutors serve learners of all ages and backgrounds, offering in-depth guidance on topics including English, language arts, physics, calculus, coding, LSAT test prep, music, and more. Wyzant was founded in 2005 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-10 Curiosity Media

Arlington, Virginia, United States

Curiosity Media is a creator of innovative language learning platforms that empower people to more effectively communicate in Spanish and English. Curiosity Media is based in Arlington, Virginia.

Buy -
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