Anthology lost nearly $80 million over the past two years, according to court filings.
Photo illustration by Justin Morrison/Inside Higher Ed | DenisKot/iStock/Getty Images
After years of chasing growth through mergers and acquisitions, the education-technology behemoth Anthology Inc. has more than $1 billion in debt and declared Chapter 11 bankruptcy last week.
The breakup of this big company isn’t expected to affect institutions that contract with Anthology, since it’s spinning off its products to other buyers. But it’s the latest sign of a changing education-technology market that’s resetting…