BIG UNIVERSE has found a bigger home. Last week the Reston, Va.-based developer of an online literacy platform announced it was acquired by Fuel Education, a subsidiary of K12 Inc., the publicly-traded company best known for operating virtual schools. Terms of the deal were not disclosed.
Founded in 2007, Big Universe offers a library of 11,000 digital books from 40 publishers that can be read at different levels, along with related assessment and reporting features. It claims to be used by more than 700,000 students across over 900 schools, according to the press release.
Fuel Education (often abbreviated as “FuelEd”) was created in 2014 by K12 Inc. as an effort to re-brand and consolidate a number of its digital curriculum and professional development offerings. Other companies under this umbrella include LearnBop, a New York-based online math provider acquired for approximately $6.6 million in 2014. Fuel Education currently claims users in more than 2,000 school districts.
