when did blackboard go public?>

by Prof. Ines O'Connell MD 10 min read

June 2004

When did Blackboard Engage become blackboard?

Oct 21, 2021 · https://www.encyclopedia.com/books/politics-and-business-magazines/blackboard-inc. There was great speculation on Wall Street, and some considerable doubt, about Blackboard’s March 5, 2004, announcement to go public. 5. BLACKBOARD INC (BBBB) IPO – NASDAQ.com. https://www.nasdaq.com/market …

How many schools use blackboard?

Jul 16, 2018 · Earlier this month, an analysis found that Canvas had surpassed Blackboard as the most popular learning management system (LMS) among U.S. colleges and universities, based on the number of installations.. That news traveled far and fast, as Blackboard had long been the leading LMS in higher ed — for the entirety of Blackboard’s 20-year existence, in fact.

Did blackboard buy another software company?

Oct 21, 2021 · When Did Blackboard Go Public?> Leave a Comment Cancel reply. Comment. Name Email Website. Save my name, email, and website in this browser for the next time I …

What is the Blackboard patent?

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

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When was Blackboard Online created?

1997Chasen co-founded Blackboard with his college buddy Matthew Pittinsky back in 1997.Oct 19, 2012

Is Blackboard still used?

Despite whiteboards being a popular choice, chalkboards are still often used in classrooms. Many educators choose to still use chalkboards in schools, as they come with a variety of benefits and have a long history in education.

Who owns Blackboard Inc?

Providence EquityCampus ManagementBlackboard/Parent organizations

Who made Blackboard?

Michael ChasenStephen GilfusMatthew PittinskyDaniel CaneBlackboard/Founders

Is blackboard a public company?

Though previously a public company, following its 2011 buyout by Providence Equity Partners Blackboard now operates as a private company.

Why is a blackboard now called chalkboard?

The blackboard illustrates and is illustrated. ... While black was long the traditional color for blackboards, a green porcelain surface, first used around 1930, cut down on glare, and as this green surface became more common, the word chalkboard came into use.Oct 15, 2014

Is Blackboard self hosted?

Blackboard Learn Self- and Managed-Hosting Deployments.

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

Why is a Blackboard 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 did people before Blackboard?

slatesBefore the invention of the blackboard, students did have access to individual slates, which they could write their assignments and answers on. This helped cut down on the cost and need of the sometimes unavailable paper and pencil supplies, but still offered no community of thoughts.Jan 24, 2012

Is blackboard learn the same as Blackboard?

Blackboard Learn (previously the Blackboard Learning Management System) is a web-based virtual learning environment and learning management system developed by Blackboard Inc.

Can professors see location on Blackboard?

Blackboard alone cannot detect anything in your computer since the browsing ability is limited to that open tab only. However, If you are taking a proctored test, the Blackboard can detect that you have opened other tabs. ... Only through it can a student access their online test.Feb 4, 2022

When did Blackboard start?

Blackboard began 2002 by making its fourth online learning sector acquisition. In a January deal, the company bought Prometheus, a software package for putting course material on the web that was created in 1997 by George Washington University ’ s information technology department.

When did Blackboard buy WebCT?

In early February 2006, the U.S. Department of Justice cleared Blackboard ’ s acquisition of WebCT of potential antitrust violations. As reported by the company in February, total revenue for 2005 increased 22 percent to $137.5 million. Net income jumped from $10.1 million in 2004 to $41.9 million for 2005. On February 28, Blackboard completed its acquisition of WebCT Inc. for $178 million. Adding WebCT ’ s 1,480 customers brought the company ’ s client base to more than 3,700 higher education, K – 12, corporate, government, and commercial academic institutions. After the transaction, which doubled Blackboard ’ s international presence, the combined companies had operations in the United States, Australia, Canada, China, Finland, France, Germany, Hong Kong, Ireland, Japan, the Netherlands, Singapore, South Africa, Spain, and the United Kingdom.

What is Blackboard Campus?

In April, the company began beta testing Blackboard Campus, an enhanced course management system that allowed higher education institutions to take their campus, not just their classrooms, into a 24-hour online environment.

Who are Matthew Pittinsky and Michael Chasen?

When they were roommates and fraternity brothers at American University in Washington, D.C., in the early 1990s, Matthew S. Pittinsky wanted to be a high school social studies teacher and Michael L. Chasen a computer scientist. As seniors, Chasen ran Pittinsky ’ s successful campaign for student body president. They went to different graduate schools but kept in touch and in 1996 found themselves back in Washington working as Internet technology consultants to universities for KPMG Peat Marwick LLP.

What is Blackboard's partnership with Bell and Howell?

In May 2002, Blackboard announced an alliance to market products and services in India ’ s e-learning market with LearningMate, a division of the Delhi-based Educomp Datamatics Ltd. Blackboard announced another long-term strategic partnership in July with Bell & Howell Co. ’ s XanEdu. August brought the release of Blackboard Learning System ML, the multilanguage edition of the company ’ s course management system and the industry ’ s first multilanguage enterprise-class learning system. Learning System ML enabled a variety of languages to be displayed in the user interface, including Chinese, French, German, Japanese, Spanish, and English.

Does Encyclopedia have page numbers?

Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.

SPEED ROUND: IPO WATCH

Mass transportation startup Swvl could soon go public through a merger with US SPAC Queen’s Gambit Growth Capital, the Wall Street Journal reports. The ridesharing app will debut on the Nasdaq after reaching a roughly USD 345 mn “de-SPAC transaction agreement” (that’s fancy-talk for “merging with a SPAC”) that values Swvl at roughly USD 1.5 bn.

SPEED ROUND: CAPITAL MARKETS

Six companies will become constituents of the EGX30 when the latest rebalancing of the benchmark index takes effect on Sunday, the EGX said today (pdf). The EGX30 is reviewed (or “rebalanced”) twice a year, at the beginning of February and August.

CATCH UP QUICK

Contact Financial Holding will begin rolling out e-payments services next month, Contact CEO Saeed Zaatar told Al-Mal. The company will equip 250 Contact-affiliated outlets across the country with e-payments processing capabilities in the initial stage of the rollout, which is expected to take place over the course of six months.

GO WITH THE FLOW

The EGX30 rose less than 0.1% at today’s close on turnover of EGP 2.12 bn (42.1% above the 90-day average). Local investors were net sellers. The index is down 0.7% YTD.

SPACE

Could there be a ninth planet in our solar system? A new state of the art telescope could help us find out. Though Neptune is the farthest known planet in our solar system, scientists have increasingly been looking beyond the blue planet to the behaviour of trans-neptunian objects (TNOs) for clues as to what else might lie beyond.

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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

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 …

See also

• Courseinfo
• Virtual learning environment

Reinventing The Blackboard in 1997

  • Two college buddies with a great idea for the Internet and a history of successful collaboration founded Blackboard Inc. in 1997. When they were roommates and fraternity brothers at American University in Washington, D.C., in the early 1990s, Matthew S. Pittinsky wanted to be a high school social studies teacher and Michael L. Chasen a computer scientist. As seniors, Chasen ran Pittin…
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Doubling Operations in 2000

  • In March 2000, Blackboard announced the $2.1 million stock-and-cash acquisition of MadDuck Technologies LLC, of Richmond, Virginia, developers of Web Course in a Box (WCB), the industry’s first widely used Internet-based teaching and learning environment. Blackboard planned to integrate WCB capabilities into its CourseInfo software platform. MadDuck’s founders and staff …
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Expanding Globally in 2002

  • In May 2002, Blackboard announced an alliance to market products and services in India’s e-learning market with LearningMate, a division of the Delhi-based Educomp Datamatics Ltd. Blackboard announced another long-term strategic partnership in July with Bell & Howell Co.’s XanEdu. August brought the release of Blackboard Learning System ML, the multilanguage editi…
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Going Public in 2004

  • With Chairman Matthew Pittinsky pursuing a Ph.D. in education at Columbia University and living part time in New York, 2004 began with cofounder, President, and CEO Michael Chasen in charge of managing Blackboard’s day-to-day operations. In March, the company reported that revenue in 2003 totaled $92.5 million and the company’s annual loss shrank to $1.4 million from $41.7 milli…
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Swallowing The Competition in 2006

  • In early February 2006, the U.S. Department of Justice cleared Blackboard’s acquisition of WebCT of potential antitrust violations. As reported by the company in February, total revenue for 2005 increased 22 percent to $137.5 million. Net income jumped from $10.1 million in 2004 to $41.9 million for 2005. On February 28, Blackboard completed its acquisition of WebCT Inc. for $178 …
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Principal Subsidiaries

  • Blackboard International B.V. (Netherlands); Cerbibo (China); Blackboard Australia (Australia); Blackboard Japan K.K. (Japan).
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Principal Competitors

  • eCollege.com; Desire2Learn Incorporated; Jenzabar, Inc.; SunGard Higher Education Solutions; Datatel, Inc.; eWebUniversity, Inc.; School Technology Management, Inc.; VCampus Corporation.
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Further Reading

  • Bonanos, Paul, and Kate Gibson, “VCs Reap Weak Returns from WebCT,” TheDeal.com, October 14, 2005. “Breaking New Ground,” Times of India, April 2, 2003. Bruno, Debra, “In-House Counsel; Licensing Software for Class; Matthew Small, Blackboard Inc.,” National Law Journal, January 3, 2005. Carnevale, Dan, “Blackboard Plans to Acquire Course-Management Rival WebCT,” Chronicl…
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