Before he left his post as NYC chancellor,
Joel Klein made sure his nest was feathered. He helped put together a mega-deal for his new boss,
Rupert Murdoch, a deal that would give the media mogul a no-bid entry point into the highly profitable New York public education market. The deal has Murdoch's
News Corp acquiring 90 percent of Wireless Generation, a Brooklyn-based education technology company for teachers, for approximately $360 million.
Education in the U.S. is a $500 billion sector “waiting desperately to be transformed by big breakthroughs that extend the reach of great teaching,” said Murdoch in a statement, and Wireless Generation is at the “forefront” of individualized, tech-based learning. (Business Insider)
Wireless is is a key partner to New York City’s Department of Education on its Achievement Reporting and Innovation System (ARIS) as well as on the City’s School of One initiative.
Klein's boss has changed, but his job remains the same.
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