Pearson Acquires Ed Tech Company Lumerit

Pearson, the world’s learning company, has acquired Lumerit Education, an ed tech company that helps address the issues of college degree completion and affordability in the consumer and corporate markets. Lumerit uses data and analytics to match learner profiles to academic programs to enable more people to prosper in their lives through learning. The deal values Lumerit at $29 million.

(Source: www.prnewswire.com)