blackboard turnover

by Ignatius Gleichner 5 min read

$700 million

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

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

Who owns Blackboard Inc?

Providence EquityCampus ManagementBlackboard/Parent organizations

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.

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

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 owns Blackboard canvas?

Who owns blackboard canvas?TypePrivateProductsCanvas, Catalog, Studio, Portfolium, MasteryConnect, Videri, CASE Benchmarks and Item Bank, Navigate Item Bank, Academic Benchmarks, Certify, DataConnectRevenue$209.5 million (2018)Number of employees1,291 (2019)ParentThoma Bravo

Is Blackboard an open-source?

19, 2018 /PRNewswire/ -- Blackboard Inc. today announced that it will rebrand its SaaS open-source learning management system formerly known as Moodlerooms as "Blackboard Open LMS." In conjunction with this change, the company is accelerating investment and development of the product.Sep 19, 2018

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 invented the Blackboard?

James PillansSo who deserves credit for the invention of the blackboard? James Pillans, Headmaster of the Old High School in Edinburgh, Scotland has been credited with the invention. He first used the boards to teach his geography lessons to his students.Jan 24, 2012

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

Where are Blackboard’s headquarters?

Blackboard’s headquarters are in 11720 Plaza America Dr, Fl 11, Reston, Virginia, 20190, United States

What is Blackboard’s phone number?

Blackboard’s phone number is (202) 463-4860

What is Blackboard’s official website?

Blackboard’s official website is //www.blackboard.com

What is Blackboard’s Revenue?

Blackboard’s revenue is $630 Million

What is Blackboard’s SIC code?

Blackboard’s SIC: 73,737

What is Blackboard’s NAICS code?

Blackboard’s NAICS: 541513,5112

How many employees are working in Blackboard?

Blackboard has 3,000 employees

What is Blackboard’s industry?

Blackboard is in the industry of: Software Development & Design, Software

Who are Blackboard’s main competitors?

Blackboard's main competitors are: Instructure, Skillsoft, D2L, Ellucian

What companies has Blackboard acquired?

Blackboard has acquired the companies: Terriblyclever Design, Nivel Siete, MyEdu, Blackboard

Merger Or Acquisition?

  • Technically speaking this is a merger, and that is how both Anthology and Blackboard framed the announcement, but in corporate finance you can frame almost any transaction as a merger. In a Twitter thread I suggested that it was something different. Prior to the creation of Anthologylast year, Campus Management was majority owned by Leeds Equity Partners, but Veritas Capital pr…
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What’s in A Name?

  • According to Milton, there is an Integration Management Office kicking off this week to work out these details, and right now they do not have an answer on branding. “Everything is on the table” for the IMO.
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Why, Pray Tell?

  • “This is a revenue growth opportunity”, according to Milton, with a big emphasis on cross-selling of products and services. Both Milton and Ballhaus stressed the significance that both companies have 24 unique solutions with virtually no overlap. Anthology and Blackboard are adjacent market players. Milton understands that higher education presents a heterogeneous market that will co…
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Whither Learn Ultra and Learn SaaS?

  • Cloud-based software is a key part of this deal, as both companies have migrated or are in the process of migrating all products into software-as-a-service (SaaS) offerings. Blackboard Learn is probably the laggard in this respect. In Ballhaus’ blog today he stated that they have “migrated (or are actively planning to migrate) 85% percent of clients using our Blackboard Learn Learning …
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Summary

  • 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. Stay tuned for more analysis. Disclosure: Blackboard and several of their competitors are subscriber…
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