who bought blackboard

by Savanah Friesen MD Published 3 years ago Updated 2 years ago 10 min read

Providence Equity Partners

What happened to Blackboard?

Nov 02, 2021 · Blackboard completes merger with Fla. company Reston co. now part of Anthology Published November 2, 2021 by Katherine Schulte Reston-based education technology company Blackboard Inc. and Boca Raton, Florida-based Anthology Inc. higher education software company announced Oct. 25 that they had completed their merger.

Did blackboard buy another software company?

Mar 13, 2020 · Learning Technologies Group plc (LTG), a global leader in the high-growth workplace learning and talent industry, has entered into an agreement to acquire all intellectual property and assets relating to Blackboard’s Open LMS platform for $31.7 million (less some customary purchase price adjustments).

Why did Learning Technologies Group acquire blackboard’s open LMS business?

Mar 14, 2019 · Despite Blackboard Inc’s claims that the sale is about remaining focused on what they do best, few onlookers are buying Blackboard Inc’s official story. As widely reported last year, Blackboard Inc’s debt has been rising and its subscription base for its LMS, specifically in the United States, has been declining in recent years. Read through this lens, the Transact sale is …

How much did blackboard make from its IPO?

Sep 13, 2021 · According to the press release, Anthology’s owner, the private equity firm Veritas Capital, will hold the majority stake in the new company, while Providence Equity Partners, which bought Blackboard in 2011, will keep a minority stake.

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

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

Who made Blackboard?

Michael ChasenStephen GilfusMatthew PittinskyDaniel CaneBlackboard/Founders

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 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.

Do schools still use Blackboard?

Blackboard Inc. 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.Oct 22, 2020

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 does the company blackboard 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.

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

How much does it cost to use Blackboard?

Blackboard Learn Pricing Overview Blackboard Learn pricing starts at $9500.00 per year. They do not have a free version. Blackboard Learn offers a free trial. See additional pricing details below.Jan 25, 2022

Open LMS Can Bring More Value

The largest commercial Moodle¹ provider in the world, Open LMS is deployed globally across dozens of countries. Also, a global team of eLearning and technology experts supports it.

Driving Innovation

With financial and leadership investment from LTG, Open LMS is can drive innovation around the Moodle platform, creating unique functionality for its clients by evolving Moodle and integrating with other market-leading LTG products. Clients will be supported in creating a holistic solution for instruction and learning needs.

About Learning Technologies Group

Learning Technologies Group is a leader in the high-growth workplace e-learning and talent management industries. The Group offers end-to-end learning and talent management solutions. Ranging from strategic consultancy, through a range of content and platform solutions to analytical insights.

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 …