what happened to blackboard stock

What happened to Blackboard?

Apr 19, 2011 · Shares of Blackboard (Nasdaq:BBBB) have taken a tremendous swing upward. The stock is trading at $46.55 as of 12:06 p.m. ET, 25.3% above Monday's closing price of $37.16. Volume is at 612,000, 1.4 ...

Is blackboard a publicly traded company?

Jan 04, 2016 · By Phil Hill. Posted on January 4, 2016. Just over four years since Providence Equity Partners acquired Blackboard and three years after they brought in Jay Bhatt to replace co-founder Michael Chasen, the company announced another change in CEO. Blackboard has removed Jay Bhatt and replaced him with Bill Ballhaus.

Does blackboard make first acquisition under CEO Jay Bhatt?

We would like to show you a description here but the site won’t allow us.

What is the size of the blackboard market?

Oct 22, 2020 · Blackboard Replaces CEO Jay Bhatt: What happened Jan 4, 2016 – Blackboard Replaces CEO Jay Bhatt: What happened … Jay Bhatt to replace co-founder Michael Chasen, the company announced another change in CEO. … /en/Blackboard-Names-William-L.-Ballhaus-Chairman-President …

Is Blackboard on the stock market?

Shares of Blackboard (Nasdaq:BBBB) have taken a tremendous swing upward. The stock is trading at $46.55 as of 12:06 p.m. ET, 25.3% above Monday's closing price of $37.16. Volume is at 612,000, 1.4 times the daily average of 447,800.Apr 19, 2011

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

Who bought out 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

Did Blackboard get bought out?

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. ... Anthology's chief executive will become CEO of the combined company, and Blackboard's CEO will depart once the deal closes.Sep 13, 2021

Who is Blackboard merging with?

Anthology— October 25, 2021 —Anthology, a leading provider of higher education software solutions that support the entire learner lifecycle, and Blackboard Inc., a leading global EdTech software and solutions company, today completed their previously announced merger.Oct 25, 2021

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

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

When was Blackboard founded?

1997, Washington, D.C.Blackboard / Founded

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

What is Anthology higher ed?

At Anthology, we collaborate with you to make sure our inventive solutions, global higher education expertise and curated selection of industry-leading products advance your mission, your goals and your success. Anthology strives to support your institution today while being a step ahead of the needs of tomorrow.

What is Blackboard Anthology?

The parent company of the newly combined organization will be Anthology, with the Blackboard name continuing as an integral part of its brand portfolio. The Anthology brand represents the collection of the best and signifies the continued focus on creating the next chapter in EdTech.Oct 25, 2021

What percentage of colleges use blackboard?

Where is Blackboard located?

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.

Who is the CEO of Blackboard?

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, ...

Is Blackboard a public company?

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 is Blackboard Analytics?

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.

When did Blackboard merge with CourseInfo?

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.

Who is Blackboard LLC?

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 ...

Overview

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

Operations

Products and services

Legal matters

See also