Rosetta Stone Inc. (NYSE: RST) said that it has agreed to acquire Vivity Labs Inc., creator of the successful Fit Brains product portfolio, for USD12m in cash.
The close connection between language learning and brain training makes Vivity Labs a natural strategic fit for Rosetta Stone, which is continuing its rapid expansion beyond language learning and into adjacent categories of technology-driven education.
To take advantage of free brain fitness training or to download Fit Brains apps, visit http://www.fitbrains.com/apps/.
Rosetta Stone expects to close the transaction in January 2014.
Founded in 1992, Rosetta Stone pioneered the use of interactive software to accelerate language learning. For more information, visit www.rosettastone.com.