blackboard company value

by Mr. Bradford Ondricka II 3 min read

Blackboard Inc.
TypePrivately held
Revenue$700 million (2018)
Number of employees3,000
ParentProvidence Equity Partners
Websitewww.blackboard.com
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What is blackboard?

About Us. Blackboard is a leading EdTech company serving higher education, K-12, business and government clients around the world. We connect a deep understanding of education with the power of technology to continuously push the boundaries of learning.

How much did blackboard make from its IPO?

BLACKBOARD INC. : Idaho State Board of Education Selects Blackboard to Establish K-20 Platform for Online Learning. PU. 2012. BLACKBOARD INC. : State University of New York Selects Blackboard for Strategic Partnership in Online Learning. PU. 2012. BLACKBOARD INC.

Who is the CEO of Blackboard India?

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What is the size of the blackboard market?

Sep 13, 2021 · BOCA RATON, Fla. and RESTON, Va., Sept. 13, 2021 /PRNewswire/ -- Anthology, a leading provider of proven higher education solutions that support the entire learner lifecycle, and Blackboard, a leading global EdTech software and solutions company, announced today a definitive agreement to combine the two companies.The combination will create the most …

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What is Blackboard worth?

Blackboard reinvented how resources in higher education are distributed and consumed and quickly became a ubiquitous tool in American education. We raised $100 million in capital, took the company public in 2004 and later sold it for $1.6 billion.Aug 4, 2016

Is Blackboard going out of business?

The purpose of this deal is a revenue growth opportunity driven by cross-selling, international growth, and the opportunities to combine products and create new value, particularly at the data level. Once the deal closes, Blackboard will no longer exist as a standalone EdTech company.Sep 13, 2021

Who owns Blackboard Inc?

Anthology Inc.Blackboard / Parent organization

Who founded Blackboard?

Michael ChasenDaniel CaneMatthew PittinskyStephen GilfusBlackboard/Founders

Is Blackboard owned by Amazon?

Blackboard Inc. is an American educational technology company with corporate headquarters in Reston, VA. It is known for Blackboard Learn, a learning management system....Blackboard Inc.TypePrivately heldParentProvidence Equity PartnersWebsitewww.blackboard.com11 more rows

Do schools still use Blackboard?

These days, most chalkboards are sold to restaurants, not to schools. The link between whiteboards and digital culture helped many U.S. schools adopt smartboards. By 2014, 60 percent of K-12 classrooms had interactive whiteboards, a figure that's expected to increase to 73 percent by 2019.Oct 13, 2016

Is Blackboard being sold?

Anthology, a relatively new higher education software and services company, is acquiring Blackboard, long one of the most prominent companies in the educational technology space.Sep 13, 2021

What schools use Blackboard?

Partners include The George Washington University, George Mason University, Georgetown University, Ivy Tech Community College, Kent State University and Wichita State University.Jan 27, 2017

Is blackboard learn the same as Blackboard?

Blackboard Learn (previously the Blackboard Learning Management System) is a web-based virtual learning environment and learning management system developed by Blackboard Inc.

Why is a Blackboard Green?

The color change came in the 1960s, when companies sold steel plates coated with green porcelain-based enamel instead of the traditional dark slate. The new material was lighter and less fragile than the first blackboards, so they were cheaper to ship and more likely to survive the journey.Nov 24, 2017

Is Blackboard for free?

Blackboard has launched a free hosted course management service, one aimed at wooing individual instructors who lack access to automated course management or who are disaffected by the systems in use at their schools.Feb 10, 2011

Can Blackboard detect cheating?

Yes. Blackboard leverages Respondus Monitor and LockDown Browser to prevent and detect cheating during online exams and SafeAssign plagiarism checker to identify plagiarized content. Respondus Monitors accesses the computer's webcam and microphone to record the exam environment while recording the computer screen.Mar 30, 2022

How much did Blackboard spend on acquisitions?

Between 2006 and 2012, the company spent more than $500 million on acquisitions.

Who is the CEO of Blackboard?

is an American educational technology company with corporate headquarters in Reston, VA. It is known for Blackboard Learn, a learning management system. The company's CEO is William L. Ballhaus, formerly president and CEO of SRA International, who was also named chairman and president, on January 4, 2016, ...

What is Blackboard Analytics?

The Blackboard Analytics platform is a system for data warehousing and analysis, with applications for educational institutions to analyze student numbers, class scheduling, and financial information.

When did Blackboard merge with CourseInfo?

Blackboard Inc. In 1998, after Cane met Chasen at a conference on adaptive learning, Gilfus and Cane decided to merge CourseInfo LLC. with Chasen and Pittinky's Blackboard LLC. company in order to raise money and scale the business. The combined company became a corporation known as Blackboard Inc. They renamed the CourseInfo platform built by ...

What percentage of colleges use blackboard?

Seventy-five percent of US colleges and universities and more than half of K–12 districts in the United States use its products and services, and 80 percent of the world's top academic institutions reportedly use Blackboard tools, according to Times Higher Education Reputation Ranking.

What is Blackboard's patent?

The patent established Blackboard's claims to the concept of connecting together web-based tools to create an interconnected university-wide course management system. The firm announced the patent on July 26, 2006, and on the same day it filed a patent infringement lawsuit against rival education software company Desire2Learn Inc. According to news reports, the awarding of the patent and the lawsuit against Desire2Learn led to concerns about patentability in the electronic learning community.

When did Blackboard acquire Sequoia?

Blackboard acquired Sequoia Retail Systems in May 2016. Whilst still retaining a large market share in the US, Blackboard was overtaken globally by the open source Moodle, which became the dominant worldwide VLE ( https://mfeldstein.wpengine.com/academic-lms-market-share-view-across-four-global-regions/ ).

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Overview

Blackboard Inc. is an American educational technology company with corporate headquarters in Reston, VA. It is known for Blackboard Learn, a learning management system.
The company's CEO is William L. Ballhaus, formerly president and CEO of SRA International, who was also named chairman and president, on January 4, 201…

History

CourseInfo was founded in late 1996 as a software provider founded by Cornell University students Stephen Gilfus and Daniel Cane. Gilfus wrote the business plan for CourseInfo and its Interactive Learning Network product while an undergraduate at Cornell. CourseInfo (a dorm room start up) with Gilfus as the business lead and Cane as the lead developer had developed an innovative new platform for internet and networked learning called a "Course Management System" by Gilfus. Gi…

Mergers and acquisitions

Blackboard has used the acquisition of other companies as a strategy to both limit competitors and enter new markets. Between 2006 and 2012, the company spent more than $500 million on acquisitions.
Competing learning management platforms that were acquired by Blackboard in order to absorb their users and reduce competition include: George Washington University'scourse management …

Operations

Though previously a public company, following its 2011 buyout by Providence Equity Partners Blackboard now operates as a private company. The company's headquarters are in Washington, D.C. and it has offices in Asia, Australia, Europe and in several locations in North America.

Products and services

The initial product to be offered by the company was its course management software, first available in 1998. The latest version, Blackboard Learn 9.1, was released in April 2010. This is a learning management system that provides a learning system for course delivery and management for institutions; a community and portal system for communication; a content management syst…

Legal matters

The United States Patent and Trademark Officegranted the company U.S. Patent 6,988,138 for "Internet-based education support system and methods" in January 2006. The patent established Blackboard's claims to the concept of connecting together web-based tools to create an interconnected university-wide course management system. The firm announced the patent on July 26, 2006, and on the same day it filed a patent infringement lawsuit against rival education …

See also

• Courseinfo
• Virtual learning environment