Rosetta Stone has been acquired by IXL Learning
Rosetta Stone has been acquired by IXL Learning. This acquisition is expected to provide the company with more resources, which will likely increase their dominance over the language education software market. Additionally, collaboration efforts will potentially increase the quantity and quality of the company’s product portfolio. The company is expected to boost their collaboration efforts with more integration strategies, using the parent company’s resources to facilitate further growth. Overall, sales are expected to continue rising as the company expands their consumer-base.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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