A wave of consolidation in the education technology market appears set to continue this year.
K12 Inc., a publicly-traded education company, has agreed to acquire Galvanize, a provider of coding bootcamps and co-working spaces across eight locations in the U.S., for $165 million in cash, according to an email addressed to Galvanize shareholders that was viewed by The Information. The email, sent earlier this week by Galvanize CEO Harsh Patel, said the companies intend to close the deal and announce it publicly on Monday.