And rumors have long swirled that Reston, Virginia-based Blackboard was up for sale. Reuters reported in 2015 that the company was seeking a transaction valuing it at as much as $3 billion. Blackboard went on to sell its Blackboard Open LMS business in March 2020.
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Providence Equity PartnersBlackboard's current owner, Providence Equity Partners, bought it in 2011 for $1.64 billion, and Blackboard was shopped (but not sold) in 2015 for about $3 billion.Sep 14, 2021
and RESTON, Va., Oct. 25, 2021 /PRNewswire/ -- Anthology, a leading provider of higher education software solutions that support the entire learner lifecycle, and Blackboard Inc., a leading global EdTech software and solutions company, today completed their previously announced merger.Oct 25, 2021
Veritas CapitalPrivate equity investment firm Veritas Capital (“Veritas”) will own the combined entity, which will operate under the name of Anthology. The Blackboard name will be part of the brand portfolio, according to the organization.Oct 27, 2021
Anthology— October 25, 2021 —Anthology, a leading provider of higher education software solutions that support the entire learner lifecycle, and Blackboard Inc., a leading global EdTech software and solutions company, today completed their previously announced merger.Oct 25, 2021
William L. Ballhaus (Jan 4, 2016–)Blackboard / CEOWilliam L. Ballhaus is an American businessman, entrepreneur, and third-generation aerospace engineer. Since 2016, he has served as the Chairman, President and CEO of Blackboard Inc. He served as the Chief Executive Officer and President of DynCorp, a global government services provider, from 2008 to 2010. Wikipedia
In March 2019 Blackboard announced that Transact was to be spun off, having been acquired by Reverence Capital Partners. Blackboard Analytics was developed after the company acquired iStrategy, a data analysis firm, in December 2010.
Veritas CapitalCampus Management was bought out by Veritas Capital on Jan 16, 2020 .
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