MiriadaX, with 4M Spanish-Language Learners, Continues to Look for a Buyer
IBL News | New York
MiríadaX, the largest Spanish-language MOOC platform, continues to be on sale after its owner, Telefónica, decided to focus on its core telecommunications business.
According to the digital newspaper El Español, the Spanish telecom giant Telefónica is selling its entire Telefónica Educación Digital (TED) division, a unit specialized on online education and training solutions. Created in 2001, and with a staff of 400 employees spread around Spain, Colombia, Chile, Perú and Brazil, TED reported 10 million euros yearly in revenue.
“In a market largely controlled by a handful of providers, the announcement emphasizes the challenges of serving learners outside the English-speaking world,” Dhawal Shah wrote on Class Central.