Over the years, Maplesoft has developed a range of solutions for mathematics education and research, online assessment, system-level modeling and simulation, calculation management, and online STEM courseware. In order to accelerate the growth of these different product lines, Maplesoft’s Board of Directors has unanimously approved a plan to spin-off its online education products into a separate corporation in June 2018. The new corporation will be called DigitalEd.
DigitalEd will focus on online education technology, including online courseware, testing and assessment, and placement testing.
Learn more about the online learning products that will be sold by DigitalEd.
Watch: DigitalEd and What To Do With All This Data
Jim Cooper and Steven Furino
Establishing two independent companies will allow each organization to provide better solutions by focusing exclusively on meeting the specific needs of their diverse customers while developing advanced expertise in their respective markets.
How will this affect Maple?
Maple will be owned by Maplesoft and licensed by DigitalEd. Maple is, and will continue to be the engine for DigitalEd's products, and Möbius and Maple T.A. will always use the latest version of Maple as their engine.
How will DigitalEd handle support?
Support will continue with DigitalEd the same as it currently does with Maplesoft. DigitalEd will have separate contact channels for their support team, but Maplesoft will redirect customers if they contact Maplesoft.
I am not a user of Maple T.A., Möbius, and/or Maple T.A. MAA Placement Test Suite (i.e. I use Maple exclusively, and/or MapleSim). How will this impact me?
This will have no impact on any of your products or on how you currently communicate with Maplesoft. You have been provided with this information only to keep you informed of developments at Maplesoft.
How will the spin-off affect my invoicing and finance department?
DigitalEd is working towards getting all of the needed systems up and running. Until those systems are in place, invoices will be processed through Maplesoft. Once these systems are in place, you will be contacted in order to transfer your invoicing to DigitalEd.
What if I currently use products from both Maplesoft and DigitalEd?
If you have products from Maplesoft as well as DigitalEd, you will be working with both companies going forward. However, it is important to note that you will likely be working with the same people as you were previously. Maplesoft and DigitalEd will continue to work closely together, especially with joint customers.
I'm a current user of Maple T.A., Möbius, and/or Maple T.A. MAA Placement Test Suite. What will happen to my license?
Your license will be transferred to DigitalEd under the exact terms that were agreed upon with Maplesoft, and you will likely have the same account manager you currently work with. You will be contacted by DigitalEd to transfer over any other current agreements you currently have with Maplesoft, under your current terms.
What effect will this have on product research and development?
Each company currently has fully staffed research and development departments, and will continue to focus on making the best, most innovative products possible for their respective product lines. Product roadmaps and release schedules will now be managed independently at each company.
Will there be new career opportunities with these changes?
Yes. Both companies are currently looking to fill multiple new positions. If you are interested in pursuing a career with Maplesoft or DigitalEd you can find our current listings here.
James (Jim) Cooper successfully built Maplesoft into the world’s premier advanced mathematics, modeling and simulation software provider. Under his leadership, Maplesoft has transformed from a provider of desktop mathematics software, to offering unique technologies and tools that are focused on digital education, assessment and interactive online courseware. Jim is extremely passionate about online education and has positioned Maplesoft to quickly become a leader in online education solutions that meet the particular needs of STEM education and research.
Dr. Paul Woolner applies organizational science and learning theory to build scalable, high performance, business enterprises. Working collaboratively, he has helped create sector leading, profitable and sustainable businesses as an advisor, partner and founding entrepreneur.
His goal is to build organizations that optimize the collective intelligence of its members to achieve business success, personal engagement and exceptional ongoing development.
Over the past 35 years, Nicholas has been a corporate executive, entrepreneur, and venture capitalist. Nicholas and three co-founders invented telephone dating, which ultimately evolved into mobile and Internet dating in the mid-1990s. From an initial seed investment of $20k, Lavalife reached $100m in revenues and in 2004 was sold to a Nasdaq listed company for $153 million.
In 1996, Nicholas founded Quinto Capital, his venture capital company that since, has invested in many tech and real estate platform companies. As a result, Nicholas has over twenty-five years of experience working shoulder-to-shoulder with fellow entrepreneurs as a co-founder, investor or advisor. He holds an HBA in Business Administration from the University of Western Ontario in Canada and has been a member of the Young Presidents Organization since 1997.
Steve Rogers is a business strategist, brand visionary and deal maker. He became Partner and President of College Pro in 1989, grew that modest platform into The Franchise Company, totalling $1.46 billion annually in customer level revenue. Steve resigned from TFC in July 2011 and formed Four Box Holdings Inc., an asset management company, where he is now President. As well, he is founder of The Fourth Box Charitable Foundation.
Steve has previously served on the Board of Directors of FirstService Corporation and the IFA (International Franchise Association), and currently serves on the Board of Directors of numerous private companies.