- Canadian online learning platform Desire2Learn bought Boston-based collaboration platform Wiggio, marking its second acquisition in as many months since raising $80 million in September.
- Though financial details are scarce, the Wiggio acquisition will allow Desire2Learn to open a Boston office as it continues to establish a foothold in the U.S. higher-ed market, and employment offers have been made to all six Wiggio employees.
- Desire2Learn, which purchased Degree Compass in January and is also rumored to be considering an eventual IPO in the U.S., has yet to make a final decision on whether or not Wiggio's collaboration tools will be integrated into its platform.
From the article:
... The companies are not disclosing the financial terms of the deal, but what we do know is that the ten-plus-year-old Canadian learning company is looking to expand its foothold in the U.S. higher-ed market. Wiggio is based in Boston, which is a key hub for the e-learning market, but not because it’s a big college town or anything. (Just kidding, it has 35+ colleges and universities, more than one of which is a Desire2Learn customer.) ...