Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Amazon Acquires Education Company TenMarks

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Amazon (NASDAQ: AMZN  ) announced today it had acquired TenMarks, a company that develops online resources and programs to "deliver innovative mathematics curriculum to students across the country." The transaction is anticipated to close in the fourth quarter of this year, and the terms of the deal were not disclosed.

TenMarks touts that it is "designed by teachers for teachers," and creates personalized lessons that allows K-12 students to "be individually motivated, engaged and nurtured." It provides a personalized approach that includes videos, hints, real-time instruction and feedback, to assist students in learning mathematics. It received the 2013 Technology Innovation Award from the National School Board.

The Vice President of Amazon Kindle, David Limp, noted that their partnership will allow Amazon to create education content and applications in its various platforms that students, parents, and teachers, will all enjoy.

He also added: "Amazon and TenMarks share the same passion for student learning. TenMarks's award-winning math programs have been used by tens of thousands of schools and Amazon engages with millions of students around the world through our Kindle ecosystem."

Rohit Agarwal, the TenMarks co-founder stated, "Amazon and TenMarks share a commitment to developing easy-to-implement solutions for schools and families." He also said that, "Going forward, we believe Amazon and TenMarks will create significant innovations in the K-12 arena."

TenMarks was founded in 2009 by Rohit Agarwal and Andrew Joseph. Its CEO, Ivan Koon, was named to the position in June of this year.

Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2677576, ~/Articles/ArticleHandler.aspx, 9/26/2016 1:51:42 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 days ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:00 PM
AMZN $805.75 Up +1.05 +0.13% CAPS Rating: ****