Textbook publishers do far more than print books these days. The five biggest players in the textbook market have collectively invested more than a billion of dollars in the past five years buying software companies and building technology-services divisions. They're betting that the future is digital and that the transition can let them enter new parts of the education business.
May 15: Teams up with Quantum Simulations Inc., a developer of artificial-intelligence-based education services.
September 13: Teams up with Kno, an education-software company that offers digital textbooks for iPads and other tablets.
October 2: Purchases Deltak.edu, which runs online programs for colleges, for $220-million.
November 12: Teams up with TED, the nonprofit producer of popular speaking events, to create talks and instructor materials.
June 2: Teams up with Panopto, a company that sells lecture-capture software to hundreds of colleges.
December 7: Announces Digital Science, a new division focused on software for scientists that combines tools from three companies the publisher purchased.
October 11: Invests in Labtiva, a Boston-based company that helps researchers manage information, through its Digital Science division.
May 22: Acquires Educational Benchmarking Inc., a Missouri company that specializes in student retention.
November 7: Acquires Sapling Learning, a company that makes interactive homework software and had 96 employees, for an undisclosed amount.
February: Launches McGraw-Hill LearnSmart, an online-learning system that offers individualized student assessment.
September: Launches McGraw-Hill Connect, an online platform that allows for searching recorded lectures and turning in assignments online.
October 4: Acquires Tegrity, a lecture-capture company that already had 200 college customers.
October 11: Launches McGraw-Hill Create, a publishing tool that allows instructors to create customized e-books from 4,000 McGraw-Hill textbooks.
August 2: Acquires Key Curriculum, a developer of software tools to help students learn mathematics concepts, for an undisclosed amount.
October 1: Launches McGraw-Hill Tegrity Remote Proctoring, a service for securely administering examinations online....