On The Wire: edTech News Releases 
SAN MATEO, California and NEW YORK, New York — March 2, 2023 — IXL Learning, developer of personalized learning products used by millions of people globally, announced that it has acquired TPT (otherwise known as Teachers Pay Teachers), which offers the world’s largest catalog of educator-created content and tools for digital instruction. More than 7 million educators, including 85 percent of PK-12 teachers in the U.S., use the platform to find teacher-created resources that help them support students and benefit from the expertise of fellow educators.
Teachers Pay Teachers is the newest member of the IXL Learning family of world-renowned brands, which include Rosetta Stone, IXL, Vocabulary.com, SpanishDictionary.com, inglés.com, ABCya, Education.com, Wyzant, and Emmersion.
Tapping into the collective wisdom of educators
In 2006, a New York City public school teacher, Paul Edelman, realized that his students learned best when he incorporated teaching ideas from his colleagues. He soon founded Teachers Pay Teachers so educators could easily exchange learning resources and wisdom to help each other significantly impact students.
More than 7 million free and paid resources are available on Teachers to Pay Teachers today, covering nearly every PK-12 subject. To date, TPT’s resources have been downloaded by teachers more than 1 billion times. Each resource on TPT is created by an educator, also known as a Teacher-Author, thus allowing other educators to benefit from their peers’ collective knowledge directly and better meet learners’ needs.
The Teachers Pay Teachers platform also allows educators to generate income and support each other by purchasing educational materials. The platform has experienced strong growth, with 2022 seeing a record number of teachers buying and a record number of Teacher-Authors earning money through the platform.
Teachers Pay Teachers also offers subscriptions for schools and districts through TPT School Access, which provides educators with content that complements the core curriculum, engages students and helps differentiate lessons.
“We are so happy to welcome Teachers Pay Teachers into the IXL Learning family. TPT is an iconic educational brand, and it offers a unique opportunity for teachers to learn from each other and become entrepreneurs,” said Paul Mishkin, CEO of IXL Learning. “We look forward to redoubling TPT’s efforts toward building a special home for educators centered around expertise, trust, and a deep devotion to learners’ success.”
“IXL Learning has built an incredible mission-driven business, and we are thrilled for TPT to join the IXL Learning family,” said Joe Holland, CEO of TPT. “I’m so proud of how Team TPT, partnering with Teacher-Authors worldwide, has enriched the lives of millions of educators. By joining TPT and IXL Learning, we will multiply what we can deliver for teachers in the coming years.”
Evercore served as a financial advisor, and Latham & Watkins LLP was legal counsel to IXL Learning. Choate, Hall, and Stewart LLP served as legal counsel to Teachers Pay Teachers.
About Teachers Pay Teachers
Educators turn to Teachers Pay Teachers to find the world’s most extensive catalog of educator-created learning content and tools for interactive digital instruction. Districts and schools can also opt for a TPT School Access subscription, which includes Easel™ by TPT. More than 7 million educators—including 85% of PK-12 U.S. teachers—use TPT to save time, engage students and learn from each other. To learn more, visit www.teacherspayteachers.com.
About IXL Learning
IXL Learning has revolutionized educational technology since its founding in 1998. Today, the company leads the world of education through innovation and provides various products and services that help learners develop math, literacy, language, and more skills. IXL Learning’s brands include IXL, Rosetta Stone, SpanishDictionary.com, inglés.com, Emmersion, Wyzant, Vocabulary.com, Teachers Pay Teachers, ABCya and Education.com. The company aims to create breakthrough solutions to education’s most pressing challenges and inspire students to become life-long learners.
Press Contact
Eric Bates
IXL Learning
press@ixl.com
