The Toronto-based classroom tech company plans to focus on selling digital versions of the 400 textbooks it snapped up from Nelson Education, Canada’s largest education publisher. (The Globe and Mail)
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The Toronto-based classroom tech company plans to focus on selling digital versions of the 400 textbooks it snapped up from Nelson Education, Canada’s largest education publisher. (The Globe and Mail)
Talking point: The deal will make Top Hat one of the continent’s largest publishers of college textbooks. Founded in 2009 as a sort of digital storefront for educational content, the company aimed to digitize the textbook business—which, much like the music industry, was slow to move from selling objects. Mike Silagadze, CEO of the Inovia Capital-backed company, believes printed textbooks will be a nearly extinct species by 2023.
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