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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Wed., Apr. 24, 3:55 PM

Slide #89. Instructure, Inc. MasteryConnect

Acquirer: Instructure, Inc. (NYSE:INST)
Acquiree: MasteryConnect
Details: Instructure, Inc. (NYSE: INST) today announced it has signed an agreement to acquire MasteryConnect, a longtime partner and innovator in the design and delivery of formative and interim assessment that supports personalized and mastery-based learning. Through this acquisition, Instructure will accelerate the shift occurring at the state level as they replace high-stakes, end-of-year testing with innovative assessment models. This new approach uses formative data to provide actionable insights for teachers and students.

Instructure provides applications for learning, assessment and performance management. Co. enables organizations worldwide to develops, delivers, manages and tracks engaging academic and employee development programs. Co. provides its platform through a Software-as-a-Service business model. Co.'s customers range from a single school to large corporations and academic institutions. Co. uses mobile technology to provide anytime, anywhere access to its applications from a range of devices, including personal computers, tablets and smartphones. Co. provides native mobile applications for Canvas on iOS and Android for free download.

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Company Name:  Instructure Inc
Website:  www.instructure.com
Sector:  Application Software
Number of ETFs Holding INST:  26
Total Market Value Held by ETFs:  $128.93M
Total Market Capitalization:  $1.67B
% of Market Cap. Held by ETFs:  7.73%
 

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April 24, 2019    3:55 PM Eastern
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