Summary
[The edX co-created by Harvard and MIT was acquired by an online educational institution for US$800 million]According to the Wall Street Journal on June 30, the US educational technology company 2U Inc. (TWOU) spent US$800 million to acquire online course providers. Quotient edX. 2U Inc. runs graduate programs for dozens of top universities, and edX is a non-profit organization co-founded by Harvard University and Massachusetts Institute of Technology. The transaction is expected to be completed later this year and is currently subject to regulatory approval. (Interface News)
According to the “Wall Street Journal” on June 30, the US educational technology company 2U Inc. (TWOU) spent US$800 million to acquire online course provider edX.2U Inc. Operating graduate programs for dozens of top universities, edX is a non-profit organization co-founded by Harvard University and Massachusetts Institute of Technology. The transaction is expected to be completed later this year and is currently subject to regulatory approval.
(Article Source: Interface News)
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