GV is set to exit educational software portal developer Clever in a purchase by Kahoot set to be sized between $435m and $500m.
Learning platform developer Kahoot agreed today to acquire US-headquartered digital learning software provider Clever for up to $500m in a deal that will enable internet and technology group Alphabet to exit.
The transaction will be made up of an initial $435m combined with up to $65m in performance-based add-ons available, consisting of 82% cash and 18% Kahoot shares.
Founded in 2012, Clever has built a secure portal used by almost 90,000 US schools that enables students to sign in to…
