Hobsons, the global edtech company with a key Arlington location, announced on Tuesday that it has acquired the Predictive Analytics Reporting (PAR) Framework — a collaborative that helps higher-ed institutions use data to improve student retention.
Financial terms of the deal were not disclosed.
Founded in 2011, the PAR network currently has over two dozen member institutions. PAR offers tools and services to its members that “inventory and measure the impact of their student success interventions, benchmark their institutions’ academic success in comparison to peer institutions, and predict which students are going to be at-risk.”
The acquisition will allow Hobsons to leverage PAR’s expertise for their own network which, according to Hobsons, consists of over 12,000 K-12 and higher education institutions.
Ensuring student success is a key part of Hobsons’ mission. In fact, PAR is not Hobsons first acquisition in the area of student retention solutions — in February 2015 Hobsons acquired D.C.-based edtech startup Starfish Retention Solutions.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!