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Arlington software company now part of IXL Learning
Rich Griset //March 18, 2021//
Arlington software company now part of IXL Learning
Rich Griset// March 18, 2021//
Arlington-based software company Rosetta Stone Inc. has been acquired by IXL Learning, the California-based educational learning company announced on Wednesday.
Founded in 1992, Rosetta Stone’s products are used by more than 1 million people in 150 countries to learn 30 languages. IXL is an integrated learning platform that supports more than 12 million students in math, English, science, social studies and Spanish.
Rosetta Stone is being offloaded by Dallas-based Cambium Learning. Cambium closed on the roughly $800 million acquisition of Rosetta Stone and Lexia Learning, which addresses the needs of K-12 learners, in October 2020.
“I firmly believe in learning languages. It’s the most direct route towards communicating with a wider range of people, developing a life-long appreciation for other cultures and preparing ourselves for an increasingly interconnected society,” said Paul Mishkin, CEO of IXL Learning, in a statement about the acquisition. “The acquisition of Rosetta Stone’s iconic brand greatly accelerates our efforts to teach languages to learners from all walks of life.”
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