Rafter, a new edtech company formed from the rebranding of popular textbook rental service (and Chegg competitor) BookRenter, announced its first-ever strategic acquisition this morning. The lucky acquiree? HubEdu: A young, San Diego-based startup that provides universities with a suite of analytics, tracking and price comparison tools to help them increase their revenue and make course materials (and higher education as a whole) more affordable for students.
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