Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Enterprise I.T.
24/7/365 Network Uptime!
Average Rating:
Rate this article:  
Intel Buys E-Textbook Company Kno
Intel Buys E-Textbook Company Kno

By Barry Levine
November 11, 2013 1:49PM

    Bookmark and Share
Intel Capital has been one of the investors behind Kno, which has raised more than $74 million since it began in 2009. Intel Senior VP John Galvin said he preferred to have Kno as part of the Intel portfolio rather than a partner, and was especially interested in the e-book creation platform. Kno reportedly was under pressure to offer investors some ROI.
 



What is Intel doing in the education content business? That question is being asked following news late last week that the chipmaker acquired Kno, which provides interactive e-textbooks.

Kno features several hundred thousand college and K-12 e-textbooks starting at $12.99, which the company describes as "the same books, only smarter." Student notes on the textbook can be stored in the cloud and made available from anywhere, and the Kno Advance platform allows publishers to create their own interactive e-books from their flat text titles. The apps are available for iPad, Android, Windows 7 and 8 devices, and the company says it donates $1 of every purchase to "a class in need."

Vice President of Sales and Marketing John Galvin confirmed the purchase Friday on the Intel blog. He pointed to the work of his company's Intel Education unit, which can deploy an open architecture ecosystem of hardware, software and digital content to support rapid technology adoption in the classroom.

Kno Co-Founder Opts Out

Galvin posted that Intel has helped prepare "more than 10 million teachers around the world to bring technology to their classrooms." The Kno purchase, he said, increases Intel's digital library to more than 225,000 titles through partnerships with publishers, and provides "administrators and teachers with the tools they need to easily assign, manage and monitor their digital learning content and assessments."

The full Kno team is reportedly becoming part of Intel except co-founder and CEO Osman Rashid, who also co-founded Chegg. Galvin told news media that he and Rashid had differing views on the direction to take Kno, with Galvin favoring an international presence that was integrated with Intel sales teams, while Rashid wanted to stay focused on North America.

Intel Capital has been one of the investors behind Kno, which has raised more than $74 million since it began in 2009. Galvin said he preferred to have Kno as part of the Intel portfolio rather than a partner, and was especially interested in the e-book creation platform. There have been reports that Kno was under pressure to offer some return to its investors, many of whom had bought into Kno's original intention to sell mobile hardware for classrooms.

Gaining a Foothold

The chipmaking giant is doing its best to gain a larger foothold in the mobile world, with more success in tablets than in smartphones. Tablets are doing well in the world of education, and Intel has a better chance in a market dominated by Apple's hardware and related software if it can bring the whole package, or big parts of a whole package, to school systems.

Other major tech companies are also maneuvering for this market. Google, for instance, is having notable success penetrating the education market with its easy-to-administer Chromebooks and software. Last month, Amazon, which is building on the success of its Kindle hardware, bought online math tutoring company TenMarks.
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Enterprise I.T.
1.   BlackBerry Acquires Secusmart
2.   BlackBerry BES 10 Now Hosted
3.   Teaming Up: CIOs, IT Asset Managers
4.   Juniper DDoS for High-IQ Networks
5.   IBM Rolls Out Hybrid Cloud Services


advertisement
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Canadian Government Charges China With Cyberattack
The government of Canada is not happy with China. Canadian officials have accused "a highly sophisticated Chinese state-sponsored actor" of launching a cyberattack on its National Research Council.
 
Researchers Working To Fix Tor Security Exploit
Developers for the Tor privacy browser are scrambling to fix a bug revealed Monday that researchers say could allow hackers, or government surveillance agencies, to track users online.
 
Wall Street Journal Hacked Again
Hacked again. That’s the story at the Wall Street Journal this week as the newspaper reports that the computer systems housing some of its news graphics were breached. Customers not affected -- yet.
 

Enterprise Hardware Spotlight
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Watson Gets His First Customer Service Gig
Since appearing on Jeopardy, IBM's Watson supercomputer has been making a living using his super-intelligent knowledge base for business verticals. Now, Watson's been hired for his first customer service job.
 
Tablet Giants Apple and Samsung Feel the Heat
When a company saturates its home market with a once-hot product, expect it to pump up efforts elsewhere. Apple, for its part, is now pushing iPads to big corporations and the enterprise market.
 

Mobile Technology Spotlight
Android 'Fake ID' Puts Millions of Users at Risk
Having this fake ID is nothing to brag about, even if you are a minor. The “Fake ID” Android flaw drops malware into smartphone apps. It can steal credit card data and even take over your device.
 
FTC Wants Fix for 'Perfect Scam' of Mobile Cramming
The U.S. Federal Trade Commission has issued new guidelines to curb “mobile cramming,” a troublesome practice that adds unauthorized third-party charges to mobile phone bills.
 
Facebook: You Will Use Messenger, and You Will Like It
Starting this week, Facebook users with Android and iOS phones will be forced to use the separate Messenger app to send Facebook messages. Pending messages will still be visible in the main app.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.