zSpace Acquires Second Avenue Learning to Revolutionize Experiential Education
zSpace (ZSPC), a leading AR/VR education solutions provider, has announced the acquisition of Second Avenue Learning, a Rochester-based educational technology company. The strategic merger combines zSpace's immersive AR/VR platform with Second Avenue's expertise in interactive educational content development.
The acquisition aims to enhance zSpace's content offerings by integrating Second Avenue's capabilities in creating standards-aligned learning modules. The combined entity will focus on developing comprehensive hands-on learning tools for K-12, higher education, and workforce development programs globally.
Second Avenue's founder, Tory Van Voorhis, will lead product strategy at zSpace, focusing on delivering data-backed immersive learning experiences. This strategic move follows zSpace's Nasdaq listing in December 2024, though financial terms of the acquisition were not disclosed.
zSpace (ZSPC), un fornitore leader di soluzioni educative AR/VR, ha annunciato l'acquisizione di Second Avenue Learning, un'azienda tecnologica educativa con sede a Rochester. La fusione strategica unisce la piattaforma immersiva AR/VR di zSpace con l'esperienza di Second Avenue nello sviluppo di contenuti educativi interattivi.
L'acquisizione mira a potenziare l'offerta di contenuti di zSpace integrando le competenze di Second Avenue nella creazione di moduli didattici conformi agli standard. L'entità risultante si concentrerà sullo sviluppo di strumenti di apprendimento pratico completi per la scuola primaria e secondaria, l'istruzione superiore e i programmi di formazione professionale a livello globale.
Il fondatore di Second Avenue, Tory Van Voorhis, guiderà la strategia di prodotto di zSpace, focalizzandosi sulla realizzazione di esperienze di apprendimento immersive basate su dati. Questa mossa strategica segue la quotazione di zSpace al Nasdaq nel dicembre 2024, anche se i termini finanziari dell'acquisizione non sono stati resi noti.
zSpace (ZSPC), un proveedor líder de soluciones educativas AR/VR, ha anunciado la adquisición de Second Avenue Learning, una empresa de tecnología educativa con sede en Rochester. La fusión estratégica combina la plataforma inmersiva AR/VR de zSpace con la experiencia de Second Avenue en el desarrollo de contenido educativo interactivo.
La adquisición tiene como objetivo mejorar la oferta de contenidos de zSpace integrando las capacidades de Second Avenue para crear módulos de aprendizaje alineados con estándares. La entidad combinada se enfocará en desarrollar herramientas de aprendizaje práctico integrales para K-12, educación superior y programas de desarrollo laboral a nivel global.
El fundador de Second Avenue, Tory Van Voorhis, liderará la estrategia de producto en zSpace, centrándose en ofrecer experiencias de aprendizaje inmersivas basadas en datos. Este movimiento estratégico sigue a la cotización de zSpace en Nasdaq en diciembre de 2024, aunque no se divulgaron los términos financieros de la adquisición.
zSpace (ZSPC)는 선도적인 AR/VR 교육 솔루션 제공업체로서 로체스터에 본사를 둔 교육 기술 기업인 Second Avenue Learning을 인수했다고 발표했습니다. 이번 전략적 합병은 zSpace의 몰입형 AR/VR 플랫폼과 Second Avenue의 인터랙티브 교육 콘텐츠 개발 전문성을 결합합니다.
이번 인수는 표준에 부합하는 학습 모듈 제작 능력을 통합하여 zSpace의 콘텐츠 제공을 강화하는 것을 목표로 합니다. 통합 법인은 전 세계 K-12, 고등교육 및 직무 개발 프로그램을 위한 포괄적인 실습 학습 도구 개발에 주력할 것입니다.
Second Avenue의 창립자 Tory Van Voorhis가 zSpace에서 제품 전략을 이끌며 데이터 기반의 몰입형 학습 경험 제공에 집중할 예정입니다. 이 전략적 조치는 2024년 12월 zSpace의 나스닥 상장 이후 이루어졌으며, 인수의 재무 조건은 공개되지 않았습니다.
zSpace (ZSPC), un fournisseur leader de solutions éducatives AR/VR, a annoncé l'acquisition de Second Avenue Learning, une entreprise technologique éducative basée à Rochester. Cette fusion stratégique combine la plateforme immersive AR/VR de zSpace avec l'expertise de Second Avenue dans le développement de contenus éducatifs interactifs.
L'acquisition vise à renforcer l'offre de contenus de zSpace en intégrant les compétences de Second Avenue dans la création de modules d'apprentissage conformes aux normes. L'entité fusionnée se concentrera sur le développement d'outils d'apprentissage pratiques et complets pour les programmes K-12, l'enseignement supérieur et la formation professionnelle à l'échelle mondiale.
Le fondateur de Second Avenue, Tory Van Voorhis, dirigera la stratégie produit chez zSpace, en mettant l'accent sur la fourniture d'expériences d'apprentissage immersives basées sur les données. Cette démarche stratégique fait suite à l'introduction en bourse de zSpace au Nasdaq en décembre 2024, bien que les termes financiers de l'acquisition n'aient pas été divulgués.
zSpace (ZSPC), ein führender Anbieter von AR/VR-Bildungslösungen, hat die Übernahme von Second Avenue Learning, einem in Rochester ansässigen EdTech-Unternehmen, bekannt gegeben. Die strategische Fusion verbindet die immersive AR/VR-Plattform von zSpace mit der Expertise von Second Avenue in der Entwicklung interaktiver Bildungsinhalte.
Die Übernahme zielt darauf ab, das Content-Angebot von zSpace durch die Integration der Fähigkeiten von Second Avenue zur Erstellung standardkonformer Lernmodule zu erweitern. Das kombinierte Unternehmen wird sich auf die Entwicklung umfassender praxisorientierter Lernwerkzeuge für K-12, Hochschulbildung und berufliche Weiterbildungsprogramme weltweit konzentrieren.
Der Gründer von Second Avenue, Tory Van Voorhis, wird die Produktstrategie bei zSpace leiten und sich auf die Bereitstellung datenbasierter, immersiver Lernerfahrungen fokussieren. Dieser strategische Schritt folgt der Nasdaq-Notierung von zSpace im Dezember 2024, wobei die finanziellen Details der Übernahme nicht bekannt gegeben wurden.
- Strategic expansion of content offerings through acquisition of complementary educational technology company
- Enhancement of product portfolio by combining AR/VR technology with interactive educational content
- Strengthening market position in K-12, higher education, and workforce development segments
- Recent successful public listing on Nasdaq (December 2024) indicates strong market position
- Financial terms of acquisition not disclosed, creating uncertainty about deal value and potential impact
- Integration challenges may arise when combining different technology platforms and corporate cultures
Insights
zSpace's acquisition of Second Avenue Learning represents a major strategic move in the educational technology sector. By merging zSpace's AR/VR hardware and software with Second Avenue's expertise in custom educational content, the company is positioned to offer a more comprehensive, end-to-end solution for K-12, higher education and workforce training markets. The deal signals an intent to accelerate innovation, diversify content and strengthen the value proposition to educational institutions seeking engaging, standards-aligned digital learning tools. Retaining Second Avenue's founder to lead product strategy adds continuity and expertise to the integration, potentially mitigating execution risk. Financial terms were not disclosed, so the immediate fiscal impact and deal structure remain unclear. However, this acquisition could enhance competitiveness and support revenue growth as educators increasingly seek immersive, technology-driven curricula. The news stands out as impactful, given the potential for expanded product offerings and greater market reach, but the lack of disclosed deal size or financial synergies tempers the immediate outlook to neutral until results materialize.
SAN JOSE, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- zSpace, Inc., a leading provider of augmented and virtual reality (AR/VR) solutions for education, proudly announces the acquisition of Second Avenue Learning, a Rochester, NY-based innovator in educational technology and interactive learning experiences. This strategic acquisition unites two trailblazers in the EdTech space, poised to transform how students engage with science, math, career and technical education (CTE), and beyond.
zSpace has been at the forefront of immersive learning since its founding in 2007, delivering evidence-based AR/VR platforms that enhance student achievement without the need for head-mounted displays. With its cutting-edge hardware and software, zSpace empowers educators and learners to interact with 3D simulations in subjects ranging from human anatomy to automotive mechanics. Second Avenue Learning, founded by Tory Van Voorhis, complements this mission with its expertise in designing custom educational software, games, and blended learning solutions that prioritize student outcomes and engagement.
The acquisition brings together zSpace’s innovative AR/VR technology with Second Avenue Learning’s proven ability to craft tailored, technology-driven educational content. We believe this synergy will accelerate the development of comprehensive, hands-on learning tools that meet the evolving needs of K-12, higher education, and workforce development programs globally.
The acquisition of Second Avenue Learning by zSpace could deliver several key benefits. By integrating Second Avenue Learning’s expertise in crafting interactive, standards-aligned learning modules, zSpace will significantly enhance its content offerings, equipping educators with a richer set of tools to engage and inspire students. Furthermore, the union accelerates innovation by blending zSpace’s proprietary hardware and software strengths with Second Avenue Learning’s agile development approach, paving the way for rapid advancements in AR/VR and blended learning applications. Together, the two companies will provide holistic, end-to-end experiential learning solutions that seamlessly fuse immersive technology with curriculum, boosting student engagement and academic success.
“This is a transformative moment for zSpace and the future of education,” said Paul Kellenberger, CEO of zSpace. “By bringing Second Avenue Learning into the fold, we’re combining our immersive AR/VR platform with their exceptional ability to craft meaningful learning experiences. Together, we’ll empower educators and students with tools that don’t just teach, but inspire a lifelong passion for discovery.”
Tory Van Voorhis, Founder & CEO of Second Avenue Learning, echoed this sentiment: “Joining forces with zSpace is an incredible opportunity to amplify our mission of blending technology with education to reimagine learning. Their innovative platform paired with our expertise in interactive design will create unparalleled opportunities for students to explore, create, and succeed. I’m thrilled to be part of the zSpace team with our shared vision to deliver transformative learning that empowers people to reach their full potential.”
Van Voorhis has dedicated her career to improving educational outcomes through technology, leading Second Avenue Learning to develop solutions that resonate with both educators and learners. At zSpace, she will continue that success by leading product strategy, bringing her expertise in leveraging research and best practices to deliver high-quality immersive experiences that improve student outcomes as demonstrated by data-backed results.
This acquisition marks a significant milestone as zSpace continues its trajectory following its public listing on Nasdaq in December 2024. Financial terms of the deal were not disclosed, but both companies are committed to a smooth integration that prioritizes innovation and customer success.
For more information about zSpace and Second Avenue Learning, visit www.zspace.com and www.secondavenuelearning.com.
About Second Avenue Learning, Inc.
Founded by educators and gamers, Second Avenue Learning is a certified women-owned interactive media company in Rochester, NY, that provides custom software development for interactive modules and serious games for education, managed services for learning management systems, training services and content authoring, in addition to proprietary products. Second Avenue applies expertise to innovate the learning process, and understands that technology serves as a critical enabler to achieve fully customized learning environments and unlock the potential of all students. We pride ourselves on building effective, interactive learning environments that are innovative, accurate and visually compelling. Our team takes a synergistic approach to all work, and includes subject matter experts, programmers, artists, learning designers, quality analysts and project managers. At Second Avenue, we offer alternative learning paths and challenge the status quo. It is time to reimagine learning.
About zSpace, Inc.
zSpace, Inc. delivers innovative augmented and virtual reality (AR/VR) experiences that drive achievement in STEM, CTE, and career readiness programs. Trusted by over 3,500 school districts, technical centers, community colleges, and universities, zSpace allows students and teachers to experience learning in the classroom that may otherwise be dangerous, impossible, counterproductive, or expensive using traditional techniques. Headquartered in San Jose, California, zSpace holds over 70 patents and our hands-on “learning by doing” solutions have been shown to enhance the learning process and drive higher student test scores, as evidenced by a study on the utility of 3D virtual reality technologies for student knowledge gains published in the Journal of Computer Assisted Learning in 2021.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the Company’s filings with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and zSpace, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
For more information, visit www.zspace.com or follow @zSpace on social media.
zSpace Investor Relations:
Gateway Group
Cody Slach
949-574-3860
ZSPC@gateway-grp.com
FAQ
What is the strategic importance of zSpace's acquisition of Second Avenue Learning?
How will the Second Avenue Learning acquisition impact ZSPC's product offerings?
When did ZSPC go public on Nasdaq?
What role will Second Avenue Learning's founder take at ZSPC?
What markets does ZSPC target after the Second Avenue Learning acquisition?
