Oslo-based Kahoot! appears to be on a bit of an acquisition spree as it attempts to build out its popular learning platform. Last week, it announced its purchase of DragonBox, a startup that builds math apps, for $18 million.
Today, the Norwegian company is announcing its acquisition of Poio, also based in Oslo, for an undisclosed sum. Poio has developed a novel way to teach children how to read through play, managing to grow a community of 100,000 children in Scandinavia alone.
After this deal, Kahoot! plans to launch an English edition, and make it available to its hundreds of millions of users around the world.
“There is only one goal for Poio, and that is to help as many children as possible to crack the reading code through play,” said Daniel Senn, CEO and founder of Poio. “By teaming up with Kahoot!, we will be able to launch Poio in more languages and with new functionality, bringing the joy of reading to millions of children around the world.”
“Mastering reading and math is fundamental for all children to succeed in life. Together with Poio learn-to-read app and Dragonbox math apps, we will make the best learning experiences available for Kahoot!’s hundreds of millions of users around the world, inside and outside the classroom,” said Eilert Hanoa, Chairman of Kahoot!.
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