McGraw-Hill Education acquires key curriculum
McGraw-Hill Education, a division of The McGraw-Hill Companies, Inc. (MHP), today announced the acquisition of Key Curriculum, a privately held developer of mathematics learning technology in the K-12 and higher education markets. The terms of the acquisition were not disclosed.
The acquisition of Key Curriculum strengthens McGraw-Hill Education’s position as a leader in dynamic mathematics education technology at a time when the national market for digital STEM (Science, Technology, Engineering, Mathematics) education technologies is increasing substantially. The move allows McGraw-Hill Education to integrate its proven, research-based curricula with some of the most advanced and reliable digital programs and tools available today, broadening the company’s capability to build interactive, data-focused math programs and expanding its offerings that address the Common Core State Standards. The standards, which serve to align K-12 instruction across the country with the goal of better preparing students for success in college and their careers, have so far been adopted by 46 states.
“With the advent of the Common Core State Standards and an increased national focus on the teaching of math, the acquisition of Key Curriculum allows us to better meet the evolving needs of digitally minded students, instructors and schools,” said Lloyd G. “Buzz” Waterhouse, chief executive officer of McGraw-Hill Education. “Key Curriculum brings to McGraw-Hill Education a range of products with the capability to bring math to life for a new generation of learners as well as one of the most trusted and respected brands in math education technology.”
“We’re very excited to become part of McGraw-Hill Education,” said Karen Coe, president and CEO of Key Curriculum. “As a company, our mission has always been to help institutions improve student success, and having the resources of McGraw-Hill Education behind our products will only strengthen our ability to fulfill this mission.”
Check out the full press release here.