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Katzman recruited colleagues including Chip Paucek (former CEO of Hooked on Phonics), and technology entrepreneur Jeremy Johnson to be co-founders. [7] Katzman was the CEO through 2012, when he became chairman and appointed Paucek as CEO. [8] He started 2U because he saw that few highly ranked universities offered online instruction.
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On June 29, 2021, edX and 2U announced they had entered into a definitive agreement to join. 2U would acquire edX's assets for $800M in cash. [18] [19] On November 16, 2021, 2U completed its acquisition of the edX business and website from the nonprofit organization.
Although shares of 2U Inc (NASDAQ: TWOU ) may come under pressure due to near-term cash flow and margin concerns, these factors should drive growth and partner expansions in the long term ...
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Hooked on Phonics is a commercial brand of educational materials, initially designed to teach reading through phonics.First marketed in 1987, the program uses systematic phonics and scaffolded stories to teach letter–sound correlations as part of children's literacy.
2005 through 2010: The couple welcome their first 4 children. Joanna and Chip Gaines welcomed their first child, son Drake, in 2005. Daughter Ella arrived the following year.
2.8–3.8 GHz (model numbers 6x0) Introduced February 20, 2005; Same features as Prescott with the addition of: 2 MB cache; Intel 64-bit; Enhanced Intel SpeedStep Technology (EIST) Cedar Mill built on 0.065 μm process technology; 3.0–3.6 GHz (model numbers 6x1) Introduced January 16, 2006; Die shrink of Prescott-2M; Same features as Prescott-2M