Baltimore EdTech Acquired by Digital Learning Industry Leader in $20M Deal
Baltimore-based education technology company EThink Education has been acquired by industry leader Learning Technologies Group. The initial $20M cash consideration for the Betamore spin out includes an integration with LTG’s subsidiary, Open LMS, to innovate and scale up the company's course management system offerings. Open LMS will also bring on eThink's 39 employees. The Region’s EdTech companies have taken a lead role in the development of innovative online courses and degree programs. Learn more about edtech in EAGB’s Higher Education Industry Profile: https://www.greaterbaltimore.org/features/higher-education.