Making Connections: The rise of an education tech startup

Baltimore Sun

The Baltimore-Washington corridor is an economic powerhouse in many areas — federal contracting, anyone? — but it may soon become known as the nexus of another, growing industry: online education.

The $400 million purchase of a local education technology startup by a British company this fall is the latest sign that the region is successfully producing firms that develop cutting-edge technologies for schools or seek to transform them entirely.

The purchase of Connections Education Inc. by Pearson PLC, a London-based education publishing conglomerate and owner of the Financial Times newspaper, was also among the biggest acquisitions of a Baltimore company in years. Private investors did not disclose returns but said they were pleased by the deal.