blackboard inc net worth

by Aisha Howe 7 min read

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

Blackboard Inc. net worth Mar, 2022. 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, 2016, following …

How much did blackboard make from its IPO?

Oct 10, 2021 · Is Blackboard Inc. really worth $3 billion? Now $3 billion is a lot of money for a company that specialises in software mainly for the higher education market. 3.

Did blackboard buy another software company?

Blackboard Inc. provides education software solutions. The Company offers online program management, managed hosting, enterprise and platform consulting, training, …

Is blackboard one of the biggest success stories in education?

Dec 05, 2017 · Preceding Parature, Lee co-founded Blackboard Inc. (formerly Nasdaq: BBBB) in 1998 which was taken private by Providence Equity Partners for $1.64B in 2011. While at Blackboard, Lee served a variety of roles including Director of Sales and Regional Director of Asia Pacific and Latin America business operations.

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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 shutting down?

On 31 October 2021, Blackboard will shut down for good, and the deadline for downloading any content you want to save is coming up soon. Read on for important information about how to download your content before Blackboard is shut down.Oct 8, 2021

Who is the CEO of Blackboard?

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

Who is the founder of Blackboard?

Michael ChasenStephen GilfusMatthew PittinskyDaniel CaneBlackboard/Founders

Is Blackboard owned by Microsoft?

The alliance with Blackboard is part of Microsoft's ongoing commitment to help every school and campus build a Connected Learning Community, where learning is more individualized and personalized and is available any time, any place and on any device.Apr 24, 2001

What happened Blackboard?

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.

Who bought Blackboard?

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

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

Who owns Blackboard Inc?

Providence EquityCampus ManagementBlackboard/Parent organizations

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 a good company?

On average, employees at Blackboard give their company a 3.6 rating out of 5.0 - which is 8% lower than the average rating for all companies on CareerBliss. The happiest Blackboard employees are Software Engineers submitting an average rating of 3.9.

Why is Blackboard color 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

Overview

  • It’s probably no coincidence that Reuters reported this at the same time that Blackboard announced its new learning platform called Ultra. (Yes, groans from all the faculty who have just moved up to the latest version of Blackboard Learn). However, although I have not yet seen Ultra in operation, it is reported to be much more than just an LMS. Acc...
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History

Mergers and acquisitions

Operations

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…

Products and services

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…

Legal matters

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 …

See also

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.