blackboard inc. revenue

by Dr. Adella Lindgren 5 min read

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

What does Blackboard company do?

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.

Who bought out Blackboard?

Blackboard'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

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

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

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