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Entrepreneur sells literacy business he created at school

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A Scottish literacy software firm, which grew out of a school project, is sold for a seven-figure sum.

An online literacy business created by a Scottish entrepreneur while he was still at school has been bought by a Swedish education technology group.

It works with governments, local authorities, teaching clusters, public and private schools, as well as The Hunter Foundation. ILT Education chief executive Jakob Skogholm said joining forces with Giglets would further strengthen its mission to "improve literacy and promote multilingualism across the world".

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