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HomeFinTechIXL Learning: Acquires Rosetta Stone

IXL Learning: Acquires Rosetta Stone

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  • IXL Learning, a San Mateo, Calif.-based developer of personalized learning products, acquired Rosetta Stone, an Arlington, Virginia-based technology-based language education company
  • Founded in 1992 and led by Matt Hulett, President, Rosetta Stone enables more than one million people in 150 countries to read, write and speak 30 languages
  • Its Dynamic Immersion® learning method uses real-world scenarios to help users develop fluency, and TruAccent® speech recognition leverages machine learning to perfect students’ accents
  • Led by Paul Mishkin, CEO, IXL Learning IXL is an integrated learning platform that supports personalized learning in math, English language arts, science, social studies and Spanish
  • Last month, February 2021, IXL acquired Wyzant, a marketplace for online tutoring
  • In March of 2020, IXL added Vocabulary.com, the educational destination for improving literacy through vocabulary building

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