blackboard inc. ceo

by Will McClure Published 3 years ago Updated 1 year ago 6 min read

CEO Recent Trades

Sell:: CEO, President Michael L Chasen sold 59,598 shares of BBBB stock on 01/26/2010 at the average price of 40.86, the price of the stock has increased by 3.92% since.

CFO Recent Trades

Sell:: CFO Michael J Beach sold 9,250 shares of BBBB stock on 01/04/2010 at the average price of 45.66, the price of the stock has decreased by 7.01% since.

Directors and Officers Recent Trades

Sell:: VP - Finance & Accounting Jonathan Walsh sold 1,000 shares of BBBB stock on 03/01/2010 at the average price of 39.05, the price of the stock has increased by 8.73% since.

Who is Blackboard LLC?

Chasen and Pittinsky founded Blackboard LLC, a consulting company developing IMS (Instructional Management System) standards for elearning based on a contract from EDUCOM and the National Learning Infrastructure Initiative, in 1997.

When did Blackboard merge with CourseInfo?

In 1998 , the company merged with CourseInfo LLC, a software provider which had developed a platform for internet and networked learning, which they called a "Course Management System" platform. The combined company became known as Blackboard Inc..

Where did Michael Chasen grow up?

Michael Chasen grew up in Cheshire, Connecticut. He developed an interest in computers at age 10, and he began writing programs on his father's Radio Shack TRS Model III. He later used his skills to offer local businesses computer consulting while still in school. Also during high school, he was an active member of BBYO (B'nai B'rith Youth Organization).

Who is Michael Chasen?

Michael Chasen. Michael Chasen is an American businessman. He is a co-founder and former CEO of Blackboard Inc., a position he held from 1999 to 2012. In April 2013, Chasen co-founded SocialRadar, a technology startup company developing a location-based social app.

Who is the CEO of SocialRadar?

In 2013, Chasen founded SocialRadar, a D.C.-based mobile startup focused on building a social location app for smartphones and Google Glass. He is the CEO of the new company. In June 2013, it was reported that Chasen had secured $12.75 million in a first round of investments.

What did Chasen do at Georgetown?

While still at Georgetown, Chasen was inspired by the application process to multiple undergraduate and MBA programs to start Search and Apply Group, a company that offered a computer application allowing colleges to accept online applications. After hearing about Search and Apply Group, Greg Baroni, who was Matthew Pittinsky's manager at KPMG Peat Marwick (now KPMG Consulting), offered Chasen a job. In 1996, Chasen left law school after completing one year to join KPMG as a consultant in the Higher Education Group.

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 …