logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

HMH Acquires Award-Winning Software Company Writable, Launches Emerging Technology Incubator HMH Labs

Feb 28, 2024•almost 2 years ago

Acquiring Company

Houghton Mifflin Harcourt

Acquired Company

Writable

BostonPalo AltoE LearningEducationE LearningEducationSoftware

Description

Houghton Mifflin Harcourt (HMH) has acquired the award-winning software company Writable, expanding on a longstanding partnership between the organizations. This acquisition will lead to the establishment of HMH Labs, a new incubation team focused on developing emerging technologies, including generative AI, to support HMH's vision for K-12 learning. Writable CEO and co-founder Andrew Goldman will lead HMH Labs as the Executive Vice President, aiming to create effective, impactful solutions for educators.

Company Information

Company

Houghton Mifflin Harcourt

Location

Boston, Massachusetts, United States

About

Houghton Mifflin Harcourt (HMH) is a leading learning technology company committed to delivering connected solutions that engage learners, empower educators, and improve student outcomes. HMH serves more than 50 million students and 4 million educators in 150 countries, offering K–12 core curriculum, supplemental and intervention solutions, and professional learning services.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed