M&A
US-based PowerSchool acquires edtech co. Neverskip
PowerSchool, a NYSE-listd, Folsom, CA (USA)-based software for K-12 education, announced its acquisition of Chennai-based enterprise resource planning (ERP) software company Neverskip. With the acquisition, PowerSchool aims to create a unified technology platform for schools in India that optimises operations, elevates student and staff success, and increases overall family engagement. PowerSchool has also expanded its reach to over 900 schools and 1.2 million students in India with the deal. PowerSchool's learning management system (LMS), Schoology Learning, supports over 60,000 schools globally. With this acquisition, PowerSchool and Neverskip will now support schools including, D.A.V Group of Schools, Ekya, Maxford, Future Kids, Manipal School, and SBOA Group of Schools with its products.
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