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NEW YORK (AP) — McGraw-Hill Education, a division of publisher McGraw-Hill Cos., said Thursday that it has acquired privately held Key Curriculum for an undisclosed amount in a deal that expands its presence in digital learning.
Key Curriculum, based in Emeryville, Calif., develops mathematics learning technology for the K-12 and higher-education markets.
McGraw-Hill said the acquisition comes at a time when the national market for digital education technologies for science, technology, engineering and mathematics is increasing substantially.
McGraw-Hill Education will continue to sell Key Curriculum products as stand-alone items.
Those products include Sketchpad math software and Fathom and TinkerPlots data analysis software. Key Curricula also publishes printed workbooks and activities.
Both McGraw-Hill and Key said the full integration will be complete by the end of this year.
McGraw-Hill shares rose 13 cents to $46.81 in morning trading.