Amazon Will Acquire EdTech Startup TenMarks to Create Educational Apps for Kindles
Amazon said on Thursday that it had reached an agreement to purchase TenMarks, a four-year-old education startup that makes online educational tools focused on mathematics. “Together, Amazon and TenMarks intend to develop rich educational content and applications, across multiple platforms, that we think teachers, parents and students will love,” Amazon Kindle VP Dave Limp said in a statement. Terms of the deal, which is expected to close in the fourth quarter, were not disclosed.