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Imagine Learning Completes Acquisition of CueThink: Enhancing AI-Powered Problem-Solving and Collaboration in K–12 Education

Jun 04, 2024over 1 year ago

Acquiring Company

Imagine Learning

Acquired Company

CueThink

ScottsdaleBostonE LearningEdtechE LearningArtificial IntelligenceEducationSoftware

Description

Imagine Learning, the largest national provider of digital curriculum solutions, has announced the acquisition of CueThink, an AI-powered problem-solving and collaboration platform designed to improve students’ critical thinking skills. This acquisition aims to address the growing need to prepare students for real-world challenges in the age of AI and to incorporate AI-enabled education and curriculum tools.

Company Information

Company

Imagine Learning

Location

Scottsdale, Arizona, United States

About

Every classroom, every student is bursting with potential. That’s why we pursue relentless innovation at the intersection of technology, people, and curricula. Imagine Learning creates K–12 digital-first solutions, working alongside teachers to support 18 million students in over half of the districts nationwide. Our core portfolio includes Imagine IM, Imagine Learning EL Education, Twig® Science, and Traverse. Our robust supplemental and intervention suite equips learners with personalized instruction for English and Spanish literacy, math, coding, and more. Imagine Edgenuity® and Imagine EdgeEX offer innovative courseware solutions, complemented by Imagine School Services’ Certified Teachers. Imagine Learning. Empower potential.

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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