Edtech major Byju’s announced the acquisition of GeoGebra
Edtech company Byju’s acquired Austria-headquartered GeoGebra. GeoGebra will continue to operate as an independent unit within the Byju’s Edtech major Byju’s announced the acquisition of Austria-based GeoGebra on Wednesday. According to people briefed on the matter, the acquisition will be a cash-and-stock transaction worth around $100 million. Byju’s made no comment on the size of the deal. “This acquisition complements Byju’s overall product strategy and integrates GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio,” the company said in a statement….