SEPTEMBER 8, 2022, SAN MATEO, CA and LEHI, UT – IXL Learning, developer of personalized learning products used by millions of people worldwide, announced it has acquired Emmersion, the Utah-based leader in certifying language ability through artificial intelligence. Emmersion's platform has conducted millions of automated assessments for corporate and educational institutions, including The World Bank, Randstad, Columbia University, Brown University and the University of Pennsylvania, providing valuable data insights into language proficiency scores.
The acquisition of Emmersion deepens IXL Learning's line of language and literacy products, which include the world-renowned Rosetta Stone, IXL English Language Arts, Vocabulary.com, SpanishDict, inglés.com and Fluencia. Emmersion's cofounders, Brigham Tomco and Dr. Jacob Burdis, will remain with the company.
"Emmersion's adaptive technology and automated exams are unrivaled," said Paul Mishkin, CEO of IXL Learning. "The Emmersion team will be a valuable addition to our family and we expect to make more investments in the company as we expand to additional languages and capabilities."
"Emmersion has striven to close the global communication gap through exceptional services that assess employees, check academic knowledge and certify language abilities. Joining IXL Learning is an incredible opportunity to continue advancing our mission and perfecting our products," said Brigham Tomco, CEO of Emmersion. "Our companies share the same ambitious vision for helping people build and evaluate their language skills, and we can't wait to contribute our expertise to this new venture."
Harbor View Advisors served as the exclusive financial advisor to Emmersion.
About Emmersion
Founded in 2015, Emmersion is a rapidly growing technology company located in Lehi, Utah. With a mission to close the global communication gap, the company focuses on helping organizations be smarter with their global language strategy. It has developed AI-driven, fully automated language assessments that provide accurate and immediate reports in English, Spanish, Portuguese, French, German, Italian, Mandarin, Japanese, Russian and Tagalog. With over 700 customers around the world, Emmersion's cloud-based, AI technology automates assessment processes and provides the most accurate results. Learn more at www.emmersion.ai.
About IXL Learning
IXL Learning has revolutionized educational technology since its founding in 1998. Today, the company leads the world of education through innovation and provides a diverse set of products and services that help learners develop skills in math, literacy, language and more. IXL Learning's brands including—IXL, Rosetta Stone, Curiosity Media, Emmersion, Wyzant, Vocabulary.com, ABCya and Education.com—empower all students with engaging, personalized learning experiences. IXL’s teams create breakthrough solutions to education's most pressing challenges and inspire students to become life-long learners. Learn more at www.ixl.com.
About Harbor View Advisors
Harbor View Advisors provides M&A advisory, turnkey corporate development and strategic consulting to software and technology-enabled business services companies. Our unique approach combines the strategic thinking of a consulting firm with the execution experience of an investment bank to provide clients with the full spectrum of guidance they need to achieve their goals.
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