Basking Ridge-based Barnes & Noble Education Inc., a provider of educational products and services for higher education and K-12, announced it has acquired PaperRater.com, a website that offers students writing services.
PaperRater’s services include a plagiarism checker, writing revision tools and an AI-based auto-grading scoring system.
Under terms of the deal, PaperRater will become part of BNED’s Digital Student Solutions business segment.
“Proficiency in writing continues to be a struggle for millions of students in both high school and college, and is critical to success in the workplace upon graduation,” Kanuj Malhotra, president of Digital Student Solutions for Barnes & Noble Education, said. “Our goal is to provide services to students throughout the entire writing process. PaperRater allows us to accelerate our plans to provide a ‘Triple Play’ writing service that bundles plagiarism detection, writing revision and essay auto-scoring capabilities to our existing and prospective users as we build out our ecosystem of student services.
“PaperRater bolsters capabilities of the Student Brands acquisition and solves multiple pain points for an even larger addressable market of students. Our acquisition strategy has demonstrated our ability to capture synergies and deliver growth, and we expect similar results with PaperRater.”
Financial terms of the deal were not disclosed.
