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Saturday, 9 November 2013

INTEL ACQIIRES DIGITAL EDUCATION START UP KNO


Intel is expanding its push into education
technology with the acquisition of digital
education startup Kno.
The acquisition of the educational-software
company, which Intel's John Galvin
announced in a blog post Friday, will boost
the company's "global digital content library
to more than 225,000 higher education and
K-12 titles through existing partnerships with
75 educational publishers." Galvin said the
acquisition is a new resource in Intel
Education's mission to support rapid
technology adoption in the classroom.
The terms of the deal were not disclosed.
Santa Clara, Calif.-based Kno, which was
founded in 2009, came out with an
educational tablet back in 2010 but
eventually shifted gears to focus on
educational software , including apps for
digitized textbooks. The company currently
offers more than 200,000 interactive
textbooks for student, according to its Web
site.
According to TechCrunch, which first reported
the acquisition, Kno's entire team will be
joining Intel -- except for co-founder and CEO
Osman Rashid. Apparently, Rashid and
Galvin did not see "eye to eye" on the
direction of Kno under Intel.
"That was something that Osman and I
talked about early in the process," said
Galvin, according to TechCrunch. "But where
I wanted to take [Kno] and where Osman
wanted to take it were two different things.
His direction was to continue with a North
American focus and I want to go
international, and for us to go international,
that's about integrating with Intel's sales
teams, working on bringing this to new
markets."

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