E-commerce titan Amazon.com has struck an agreement to acquire education technology company TenMarks for an undisclosed sum.
“Together, Amazon and TenMarks intend to develop rich educational content and applications, across multiple platforms, that we think teachers, parents and students will love,” said Dave Limp, head of Amazon’s Kindle tablet, e-reader and e-book business.
TenMarks provides personalised online maths practice and instruction to primary and secondary school students, with hints, videos and real-time results that aim to motivate and engage them.
Subject to various closing conditions, the deal is expected to close in the fourth quarter of 2013.
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