PowerSchool, a provider of cloud-based K-12 software, has finalized its purchase of SchoolMessenger, a school and parent communications tool, the company announced Tuesday. A purchase agreement earlier this year said PowerSchool would acquire SchoolMessenger for $300 million in cash.
PowerSchool said current and future customers will benefit from continued investments in the SchoolMessenger platform. “We believe integrating SchoolMessenger into My PowerSchool and PowerSchool’s portfolio will further demonstrate our commitment to providing a connected, centralized experience for educators, students, and families to improve student outcomes," said Hardeep Gulati, CEO of PowerSchool, in a statement.
The addition of SchoolMessenger’s capabilities to PowerSchool allows centralized access to mass communication and emergency messaging, the announcement said. This provides a single experience to track students' learning progress and receive relevant communications.
Educators also will benefit from an increased ability to communicate with families to support students' personalized learning, PowerSchool said.
PowerSchool's cloud software already hosts several school functions, including grading, state reporting compliance, finance and analytics. SchoolMessenger provides parent communications through voice, text, email and social media messaging, and can automatically translate messages in more than 100 languages.
PowerSchool's products reach more than 50 million students in over 90 countries, including more than 90 of the 100 districts with the highest student enrollment in the U.S.
PowerSchool Holdings, Inc. became a public company on July 28, 2021. Its stock was trading at $21.68 on the Nasdaq Stock Market by close of business Tuesday.