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Turnitin to Be Acquired by Advance Publications for $1.75B (via EdSurge)

"A company best known (and sometimes rebuked) for its plagiarism checker has just received one of the biggest checks in the education technology industry."—Source: EdSurge

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WHY THIS MATTERS:

Apparently, tools that help identify academic dishonesty have a whole lot of value. While Turnitin might be one of the more polarizing pieces of edtech on the market today, this $1.75B acquisition price tag is certainly impressive. EdSurge shares the details of the deal.