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1. www.edsurge.com › news › 2019/03/06-turnitin-to-beTurnitin to Be Acquired by Advance Publications for $1.75B

   www.edsurge.com › news › 2019/03/06-turnitin-to-be

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   Mar 6, 2019 · The company has swapped hands several times over the years. In 2008, iParadigms was acquired by private equity firm Warburg Pincus. Then it was flipped and sold in 2014 to GIC, a Singapore-based wealth fund, an investment group affiliated with Insight Venture Partners and others, for $752 million. Turnitin has made several acquisitions of its own.

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     Turnitin to Be Acquired by Advance Publications for $1.75B...

   • Mergers and Acquisitions

     Hobsons’ Higher Ed Business Split and Sold in Separate Deals...

2. www.chronicle.com › article › why-a-plagiarismWhy a Plagiarism-Detection Company Is Now a Billion-Dollar ...

   www.chronicle.com › article › why-a-plagiarism

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   Advance, a privately held media, communications, and technology company, will pay $1.735 billion to purchase Turnitin, which dominates the work of rooting out academic cheaters.

3. www.timeshighereducation.com › news › ps13-billion£1.3 billion Turnitin sale spotlights intellectual property fears

   www.timeshighereducation.com › news › ps13-billion

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   Turnitin has been very successful at stopping students from cutting and pasting online essays but it has shifted the problem into an area it cannot address. The best way to ensure a student has written a piece of work is for an academic who knows the ability of the student to mark the essay and, if necessary, quiz the student on the contents.

4. www.universityworldnews.com › postPlagiarism-detection firm to be sold for US$1.7 billion

   www.universityworldnews.com › post

   Mar 8, 2019 · Stamping out student plagiarism is big business. How big? Worth US$1.735 billion, to be exact. That’s the price that Advance, a privately held media, communications, and technology company, will pay to purchase Turnitin, the 800-pound gorilla of plagiarism-detection services.

5. www.turnitin.com › press › advance-to-acquire-turnitinAdvance to Acquire Turnitin, Leading Provider of Academic ...

   www.turnitin.com › press › advance-to-acquire-turnitin

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   Apr 30, 2019 · Updated 4/30/2019 - The acquisition of Turnitin by Advance, which was announced on March 6, 2019, closed on April 30, 2019.. Advance today announced the acquisition of Turnitin, a leading provider of education technology for academic integrity and writing solutions, from an investment entity affiliated with Insight Venture Partners, GIC and their co-investors.

6. www.businesswire.com › news › homeAdvance to Acquire Turnitin, Leading Provider of Academic ...

   www.businesswire.com › news › home

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   Mar 6, 2019 · Turnitin, Amanda Zeligs Hand 510-764-7600 *1018 press@turnitin.com. Advance, Janine Shelffo 212-286-4900| jshelffo@advance.com. Jennifer Harrison for Turnitin 916-716-0636 Jennifer ...

7. People also ask

   Why was Turnitin sold for a large amount?

   • The large amount Turnitin was sold for can be attributed to the corporatised culture in higher education, where universities outsource for the sake of efficiency.

   £1.3 billion Turnitin sale spotlights intellectual property fears

   www.timeshighereducation.com/news/ps13-billion-turnitin-sale-spotlights-intellectual-property-fears

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   Is Turnitin a good acquisition for Advance Publications?

   • According to Mary Jo Zandy, managing director at Berkery Noyes, Turnitin is a solid diversification and a good acquisition for Advance Publications. She noted that Advance Publications has only invested in partial stakes in edtech companies in the past.

   Turnitin to Be Acquired by Advance Publications for $1.75B

   www.edsurge.com/news/2019-03-06-turnitin-to-be-acquired-by-advance-publications-for-1-75b

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   What's happening with Turnitin?

   • The sale of California-based Turnitin to Advance, a technology, media and communications company, has raised concerns about the intellectual property held in the essays that Turnitin's software collects and checks. The software detects any similarities by comparing submitted papers against a growing database.

   £1.3 billion Turnitin sale spotlights intellectual property fears

   www.timeshighereducation.com/news/ps13-billion-turnitin-sale-spotlights-intellectual-property-fears

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   Is Turnitin a financially successful company?

   • Turnitin has been financially successful since 2004, as it has been cashflow positive since that year. Turnitin CEO Chris Caren stated that they 'could not raise money, so they got the company to break even very early.' The company has been acquired several times over the years, with Warburg Pincus acquiring iParadigms, the parent company of Turnitin, in 2008.

   Turnitin to Be Acquired by Advance Publications for $1.75B

   www.edsurge.com/news/2019-03-06-turnitin-to-be-acquired-by-advance-publications-for-1-75b

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   Who owns Turnitin?

   • Advance Publications, a media conglomerate that also owns Condé Nast, will acquire Turnitin, an Oakland, Calif.-based developer of software that uses artificial intelligence to scan students’ writing and code assignments to check for plagiarism.

   Turnitin to Be Acquired by Advance Publications for $1.75B

   www.edsurge.com/news/2019-03-06-turnitin-to-be-acquired-by-advance-publications-for-1-75b

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   Who uses Turnitin?

   • Over 16,000 academic institutions, publishers, and corporations use Turnitin services: Gradescope by Turnitin, iThenticate, Turnitin Feedback Studio, Turnitin Originality, Turnitin Similarity, ExamSoft, ProctorExam, and Ouriginal.

   Advance to Acquire Turnitin, Leading Provider of Academic Integrity

   www.turnitin.com/press/advance-to-acquire-turnitin

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8. www.turnitin.com › integrity-matters › integrityAdvance Publications to buy plagiarism-scanning ... - Turnitin

   www.turnitin.com › integrity-matters › integrity

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   Wall Street Journal reports on Advance Publications' acquisition of Turnitin for $1.75 billion