News Corp Buys Education Tech Company 'Wireless Generation' For $360 Million - 3 views
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he acquisition of Wireless Generation is News Corp's first major foray into the education industry since it hired New York City Education Chancellor Joel Klein earlier this month. The New York City School System is a client of Wireless Generation.
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Education in the U.S. is a $500 billion sector “waiting desperately to be transformed by big breakthroughs that extend the reach of great teaching,” said Murdoch in a statement, and Wireless Generation is at the “forefront” of individualized, tech-based learning.
