Fri, Jul 1, 2022
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

GIC and partner buy US educational technologies provider

Posted on 03 June 2014

Sovereign wealth fund GIC has tied up with private equity firm Insight Venture Partners to buy iParadigms, which provides cloud-based educational technologies to prevent plagiarism, verify content, and evaluate student learning.
GIC and Insight Venture Partners will pay US$752 million (S$944 million) for California-headquartered iParadigms, the company said on Tuesday. iParadigms’ flagship product is Turnitin, which is used by over 24 million students and 1.6 million educators at 10,000 institutions worldwide. It has also created iThenticate, a content verification service for research, corporate and government users………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
July 2022
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
25262728293031