On July 1, 2011, Blackboard agreed to a $1.64 billion buyout by an investor group led by Providence
Providence
Providence is the capital and most populous city of the U.S. state of Rhode Island and is one of the oldest cities in the United States. It was founded in 1636 by Roger Williams, a Reformed Baptist theologian and religious exile from the Massachusetts Bay Colony. He named the area i…
Full Answer
What happened to Blackboard?
Oct 25, 2021 · BOCA RATON, Fla. 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.,...
Did blackboard buy another software company?
Blackboard’s largest acquisition to date was in 2016, when it acquired Higher One Holdings for $260M. It’s largest disclosed sale occurred in 2020, when it sold Blackboard - Open LMS Business to Learning Technologies Group for $32M. Blackboard has acquired in 15 different US states, and 5 countries. The Company’s most targeted sectors include information technology (50%) and …
What does the blackboard merger mean for the education industry?
Oct 04, 2011 · WASHINGTON, Oct. 4, 2011 /PRNewswire/ -- Blackboard Inc. (NASDAQ: BBBB) today announced the completion of its acquisition by an investor group led by affiliates of Providence Equity Partners in an...
When did anthology acquire blackboard?
Sep 13, 2021 · 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. Executives believe the deal, which was announced Monday and is expected to close by the end of the year, will allow the combined company to offer a much broader range of software …
Software Company
Blackboard has acquired 27 companies of its own, including 3 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 2 assets.
Blackboard
11720 Plaza America Drive, 11th Floor ,#N#Reston, Virginia 20190#N#United States,#N#www.blackboard.com
Who is Blackboard LLC?
Blackboard LLC. Blackboard LLC. was founded in 1997 by Michael Chasen and Matthew Pittinsky and began as a consulting firm contracting to the non-profit IMS Global Learning Consortium developing a prototype for online learning and thinking through online learning standardization.
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 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.
Where is Blackboard located?
Website. www .blackboard .com. 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, ...
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 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.
What is Blackboard's acquisition of MyEdu?
today announced the acquisition of MyEdu, a provider of a popular technology platform that helps college students create an academic roadmap tailored to their academic and career goals and build their first “professional profile” to connect to jobs and internship opportunities.
What is myedu for college?
MyEdu is the leading academic and careers platform helping students complete college and find internships and jobs. MyEdu’s free tools and rich academic data have been used by millions of students to graduate on time while reducing the cost of earning their degree. The MyEdu Student Profile is a credentialing platform that allows students to visually showcase their coursework, skills, talents and experiences. MyEdu for Employers brings students and employers together on a common platform, extending MyEdu’s mission to maximize each student’s return on education by improving the job placement process. MyEdu is currently used by millions of students at over 800 campuses nationwide and has been endorsed by major higher education institutions. Please visit www.myedu.com to learn more.
About
Blackboard provides enterprise technology and innovative solutions that enhance teaching and learning methods.
Details
Blackboard designs learning and education software for enterprise/ school groups. Blackboard is a global leader in enterprise technology and innovative solutions that improve the experience of millions of students and learners around the world every day.
M&A Details
Blackboard was acquired by Providence Equity Partners for $1.6B on Jul 2, 2011. This deal was done in Cash & Stock.
