Chegg to acquire math solver Mathway for approximately $100M.
“Math proficiency is a foundational and critical pillar of learning around the world.The modern student understands that the mastery of math is more important than ever, and Mathway has built an incredible product that students love. Bringing Mathway into the Chegg family will bring additional subject coverage, languages, and international reach, significantly expanding our TAM.”
Nathan Schultz, President of Learning Services at Chegg
Mathway’s user base spanning across 100 countries and being localized in 13 languages will significantly increase Cheggs international outreach.