Acquisition of Turnitin Enables Growth and Development
Today (June 2, 2014), we announced that iParadigms LLC—creators of Turnitin—would be acquired by Insight Venture Partners. What this means for educators and educational institutions around the world, is that we'll be able to further extend Turnitin's features to better meet their needs.
We'll be able to do this by hiring more talented engineers, developers, and technical staff in our main offices in North America and Europe. Thanks to the thousands of suggestions from our Turnitin users, we have a long pipeline of ideas for new and improved features. To view upcoming features and release notes, or to view, suggest or vote on ideas, log into Turnitin and click the Roadmap link.
This acquisition will also help us expand globally—better and faster. While Turnitin is already being used by institutions in 135 countries—and in countries like Australia, Canada, U.K., and U.S., we are used by a majority of top institutions—there are still tens of thousands of schools that still need and want access to Turnitin to prevent potential plagiarism and to streamline the submission and grading processes. Our product team will work to optimize Turnitin to specifically meet the needs of various countries and languages. We'll also be able to grow our sales, training, and support teams to reach these schools globally, make sure their faculty and students are successful in using Turnitin, and helping folks along the way.
We have some exciting times ahead, and we thank you for coming along for the ride.