M&A Deal Summary

Scientific Learning Acquires BrainMap

On January 18, 2018, Scientific Learning acquired education company BrainMap

Acquisition Highlights
  • This is Scientific Learning’s 1st transaction in the Education sector.
  • This is Scientific Learning’s 1st transaction in China.

M&A Deal Summary

Date 2018-01-18
Target BrainMap
Sector Education
Buyer(s) Scientific Learning
Deal Type Add-on Acquisition

Target

BrainMap

Shanghai, China
Brain Maps Technology Co. Ltd. is a blended learning company with over 70 franchised English language learning centers across China. BrainMaps combines Scientific Learning’s (SCIL) patented language learning technologies and a unique online to offline methodology to help students ages 5-12 achieve fluency in English in as little as three years.

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Buyer(S) 1

Buyer

Scientific Learning

Oakland, California, United States

Category Company
Founded 1995
Sector Internet Software and Services
Revenue 16M USD (2016)
DESCRIPTION

Scientific Learning Corp. is a SaaS service provider that delivers neuroscience-based educational technologies that have been research-validated by over 250 studies, including those from Stanford, MIT, and Harvard Universities. Their programs, Fast ForWord® and Reading Assistant™, have been used by more than 2.8 million learners in more than 2,600 K-12 schools in the US, by over 500 private practice clinicians, by thousands of students via a direct-to-consumer channel, and in over 55 countries via Value Added Resellers (VAR). The Fast ForWord programs cross-train foundational language and cognitive skills necessary for rapid English language development, while Reading Assistant uses speech verification technology to provide real-time corrective feedback to students as they read and speak, in a manner similar to that of an individualized language and reading coach. Scientific Learning was founded in 1995 and is based in Oakland, California.


DEAL STATS #
Overall 1 of 1
Sector (Education) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2018) 1 of 1