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Blackboard

Blackboard Absorbs Edline, Keeps Product Line Intact

By Dian Schaffhauser 10/05/11 A day after its acquisition of Blackboard was completed, Providence Equity Partners has begun leveraging its multiple investments in education technology. Two of its companies–Blackboard and Edline–have announced an immediate merging. Edline will become another division in Blackboard’s portfolio. Both companies sell learning management and mass notification products to the K-12 […]

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Providence Equity Partners Completes Acquisition of Blackboard Inc.

— Blackboard stockholders to receive $45.00 per share in cash — Transaction valued at approximately $1.64 billion in enterprise value — Blackboard to become a privately held company WASHINGTON, Oct. 4, 2011 /PRNewswire/ — Blackboard Inc. (NASDAQ: BBBB) today announced the completion of its acquisition by an investor group led by affiliates of Providence Equity

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Blackboard: A Tale Of 2 Companies

Despite actively marketing Blackboard 9.1, many university technology administrators view Blackboard as having skimped on research and development to focus on growth via acquiring LMS competitors like WebCT and Angel at the expense of expanding and refining their products. (There is also a mounting body of snafus that has given momentum to an anti-Blackboard movement on the Internet and among university technology staffers.)

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