Accessibility applications company Texthelp has added Swedish literacy software Svensk Talteknologi (STT) from Skolon to its cluster of recent tech-focused acquisitions including Oribi, Lingit Group, Wizkids and Don Johnston brands.
Martin McKay, chief executive at Antrim-headquartered Texthelp, said the move was about expanding market penetration for assistive technologies in reading, writing and maths.
“We have an ambition to bring together the best language technologies from around the world. This partnership will allow us to maximise the support we can give to our users,” McKay said in the announcement.
Texthelp will also continue to partner Skolon in the Swedish market and globally, McKay confirmed.
Oliver Lundgren, chief executive at Skolon, said the move freed up focus for its platform for promoting edtech tools to teachers and students across Europe.
Meanwhile, Texthelp would be able to further develop the Swedish market for its assistive technology software, Lundgren said.
All Texthelp’s tools will soon be made available through Skolon’s platform in “relevant markets” worldwide. Texthelp boasts some 50 million users so far of its classroom focused product suite, including Equatio, WriQ, OrbitNote, ReachDeck and FluencyTutor, the announcement added.
Its Read&Write for education, described as a literacy support tool to broaden access to education, can help students with tasks such as reading out loud, understanding new vocabularies and proofreading, the vendor said.
The 2022 acquisition of Oribi augmented Texthelp customers access to its technologies based on knowledge of reading and writing difficulties, including spell-checkers and language support apps for various platforms.
Texthelp in January was named to a list of 150 of “the world’s most transformative private companies in education“, dubbed the Global Silicon Valley (GSV) 150, chosen from over 4,000 venture capital and private equity-backed private companies, according to the vendor announcement.
( Photo by Kenny Eliason on Unsplash )
