Volaris Group, a Toronto-based buyer and operator of vertical market software companies, announced last week it has acquired Richmond-based educational software company SoftChalk LLC.
Financial terms of the transaction were not disclosed.
Using the SoftChalk platform, instructors can develop custom course materials and interactive content, including quizzes and annotated text.
“The team at Volaris shares our vision for the power of educational technology making it a great home for the SoftChalk technology and team,” SoftChalk CEO Sue Evans said in a statement. “This move helps us further support innovation and product growth.”
