Indian edtech company BYJU’s global expansion and acquisitions spree continues with the purchase of Austria-based online learning platform GeoGebra (pictured) as part of a nine-figure deal.
Once the ink dries, GeoGebra will continue to operate as an independent platform, with founder and developer Markus Hohenwarter staying in his current role.
According to BYJU’s, the educational math app for kids up to age 12 currently has more than 100 million users worldwide across 195 countries. It teaches general mathematics, geometry, algebra, spreadsheets, graphing, statistics and calculus. BYJU’s plans to integrate GeoGebra’s technology and learning tools into its existing portfolio, and eventually use that tech to create new products and formats as well.
This is just the latest in a string of 2021 acquisitions for BYJU’s. In July, the company purchased digital reading platform Epic for US$500 million, giving it access to Epic’s 50-million user base. And in September BYJU’s bought educational coding platform Tynker in another nine-figure deal.
Last month, the edtech company launched a new tech incubator called Lab in the US, UK and India that will produce new IPs, technology, prototypes and products.