Clever, a private, California-based company founded in 2012, claims to have served half of all U.S. education market will balloon tremendously. But by acquiring Clever, Kahoot’s presence in the U.S. The Oslo-based company has a large global presence already, with 1.6 billion players participating in nearly 280 million games on its platform in the last 12 months alone. The acquisition-Kahoot’s fifth in under a year, after adding Drops, Actimo, Whiteboard.fi and Motimate to its portfolio-will unite two giants in education technology.įor Kahoot, which launched in 2013, the deal could be a boon. Kahoot will snap up Clever for a combination of cash and shares, at an enterprise value between $435 and $500 million, depending on the latter company’s performance and revenue in the 2021-22 school year.
The publicly traded, game-based learning company announced Thursday that it was acquiring Clever, a digital learning platform used widely among K-12 schools in the U.S.
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