Scholastic Corporation (NASDAQ: SCHL), a New York-based children’s publishing, education and media company, acquired Learning Ovations, an Irvine, CA-based creator of A2i (“Assessment to Instruction”), a literacy screening, progress monitoring assessment and instructional planning system for classrooms and community organizations.
The amount of the deal was not disclosed.
With the acquisition, Scholastic will advance its literacy platform, integrating assessments, data-driven learning and professional learning with its broad portfolio of digital and blended children’s content and instructional resources.
Learning Ovations offers a system that provides educators with data-driven guidance for instructional planning for both small-group and individualized learning in comprehension and decoding. The program embeds teaching practices aligned to the Science of Reading, which are supported with virtual professional development.
Scholastic creates and distributes books and e-books, print and technology-based learning programs for pre-K to grade 12, and other products and services that support children’s learning and literacy, both in school and at home. With 15 international operations and exports to 165 countries, Scholastic makes books available to all children around the world through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online.
FinSMEs
12/09/2022