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January 24, 2013

Deal Alert: Presentation software firm authorSTREAM to merge back into WizIQ

authorSTREAM, a Mohali-based online platform that PowerPoint users use to share presentation based content, is to merge into online education platform firm WizIQ, which is operated by authorGen (from which authorSTREAM was originally spun off in 2010) authorSTREAM has 4 million users, a significant part of them being teachers, trainers and students. authorSTREAM and AuthorGen operate out of the same office space.

The deal was announced as part of a $4 million funding raised by WizIQ from education focused Kaizen PE and Germany-based media group Bertelsmann.

Source: Press Release

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