We're talking about a world where the digital revolution that's hit the rest of the world now gets to take off in education too. We aren't talking about an adult-less or teacher-less world, but a world where the technological advances that have swept the globe start to take over education. And a lot of people, including in the private equity world, are starting to think about that.
Joel Klein in an interview with Rick Hess, Education Week Blog, Feb 2, 2011
Why is News Corp buying [Wireless Generation]? Murdoch says it’s because 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” and Wireless Generation is at the “forefront” of individualized, tech-based learning.
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