ACQUISITION TALK: Assessment management platform Taskstream-Tk20 has acquired LiveText, which offers tools for academic assessment planning, feedback and data analysis. Financial details about the deal were not disclosed, but the company shared in a press release that Webster Bank and Tree Line Capital Partners helped finance the transaction.
LiveText is the second competitor that Taskstream, which also focuses on assessment software, has gobbled this year. In March 2017, the New York City-based company merged with Tk20. With all three companies now combined, Taskstream-Tk20 claims to support more than 1,000 higher-ed institutions across the world.
