A new era of public education at Arizona State is underway, and the state’s flagship university is leading the way.
For the past several years, Arizona State has been a leader in education technology.
Since the turn of the century, it has built some of the world’s largest data centers and has helped create a thriving online learning community.
The state is also home to the world-renowned Institute for Learning Technologies, or ILT.
Founded by the late Andrew Jacobs, who had a long career in education tech and led the company that became the world leader in online learning, it was founded by a pair of Stanford alumni: Justin Fenton, who left his post as CEO of a high-end software company to take the helm at ILT, and Robert E. Smith, who cofounded the technology-focused educational software company Learning Path.
But now the university is stepping into the digital space with the announcement that it has acquired the leading online learning company Coursera, which was founded in 2014.
The deal is expected to close later this month, and it is expected that the two companies will work together to create a new platform for online learning.
“This is an incredibly exciting moment for Arizona State,” said Andrew Jacobs.
“It’s a real turning point in how we can build a digital university.”
The company, which offers online courses for students in all 50 states and Washington, D.C., was founded to help students prepare for a career in science, technology, engineering, and math (STEM) fields.
It is widely regarded as one of the leading providers of online courses, offering more than 5,000 courses.
The company is headquartered in Menlo Park, California.
“We are incredibly excited about what this acquisition will mean for Arizona and the educational technology industry in general,” said Sara Vail, the company’s chief executive officer.
“Coursera’s mission is to deliver the best learning experiences for students.
We believe this partnership will accelerate the process of building a truly world-class educational platform for Arizona students.”
The deal is a win for the state.
It gives the university access to a global workforce and, for the first time, a global company that has an experienced staff of professors and researchers.
The combination will also enable the university to work with other institutions to deliver a wide range of courses.
In addition to the Courseras-Institute acquisition, Arizona also signed a letter of intent with Udacity, a California-based company that aims to make it easier for students to learn online.
This move will help the university expand the number of courses it offers, said Adam Fenton of Arizona State.
Udacity was founded as a nonprofit in 2011.
Its first students, a group of high school seniors, took the first class in the program in 2014 and more than 40,000 people have enrolled in the course.
The acquisition of Courserans technology will give the university an opportunity to work closely with other schools to deliver courses, including a new initiative called the Arizona State College of Education (ASCE), which was established last year.
It will enable students to attend courses on the university’s own servers and use the courses to study online or in class.
“Courseras software allows us to make learning easier for millions of students across the state, and we are excited about this new partnership with ASCE,” said Vail.”ASCE is a huge benefit for Arizona,” Jacobs added.
“The ASCE is the most comprehensive set of courses we have, and that’s why we’ve been very selective about the courses we’ve offered to students, especially with ASce.
The new partnerships with Courserae and Udacity will allow us to offer courses in a variety of disciplines at Arizona, and hopefully help accelerate the transition to a more diverse and global workforce.”
This deal is not the first for Arizona.
In 2017, the state also purchased a company called Udacity.
The university acquired its own software company, Udacity for $7.6 million in 2018.
This deal, however, is the largest to date for the university.
It has about 3,000 students enrolled.
The move to the online world, and Coursers acquisition, come as a huge boost to the university and its students.
The state’s public schools, which have been struggling with the dropout rate in recent years, are among the state with the largest student populations in the nation.
In 2016, Arizona reported a record high of 13.5 percent of its students dropping out or dropping out of school.
For the first nine months of 2017, that number dropped to 11.4 percent, but it has since bounced back to about 12 percent, according to the state Department of Education.
The rise of online learning is a big deal for the school, and with this acquisition, it is one of a number of big-name companies that are looking to build online learning solutions