Best known for its language-learning products, in 2013, the company expanded beyond language into education-technology with its acquisitions of Livemocha, Lexia Learning, Fit Brains, and Tell Me More.
[2] According to the company, founder Allen Stoltzfus learned German through immersion while living in West Germany and found it relatively easy.
[citation needed] On September 23, 2008, Rosetta Stone Inc. filed an Initial public offering with the Securities and Exchange Commission.
[17] Rosetta Stone is transitioning to a cloud-based business model that goes beyond language learning and deeper into education technology.
[citation needed] On August 31, 2020, Rosetta Stone announced that they had entered an agreement to be acquired by Cambium Learning Group for $792 million.