Reuters reports that Blackboard might be on the market with a $3 billion price tag attached to it. According to sources, majority owner Providence Equity Partners LLC, who took Blackboard private in 2011, hired Deutsche Bank and Bank of America to run an auction for the company.
Blackboard announced the acquisition of Requestec, a startup that creates web conferencing and real time communication gateways for computers and mobile devices. Financial terms of the deal have not been disclosed.
Requestec’s technology has already been implemented in part of Blackboard’s product line, further implementation and updates are planned for later this year.
Blackboard and Discovery Education announced a partnership under which faculty and students in universities and community colleges can access Discovery Education’s digital content through Blackboard’s LMS and mobile platform.
Discovery Education’s higher ed library contains of over 90,000 learning resources, including videos, images, audio learning guides and writing prompts.
The launch of a similar partnership for the K-12 space is planned for later this year and will give teachers access to more than 151,000 standards-aligned resources that address multiple learning styles and support the Common Core State Standards.
Blackboard had also just announced a partnership with Brazilian education company Grupo Positivo.
Full Release after the break.
In episode 24 of the Ed News Ticker, titled “The Curse of Gates”, Chris and Kirsten talk more about edtech in the UK, India and Brazil and also cover a variety of US domestic education technology stories.
Our international stories cover funding for Indian startup Foradian Technologies, the strategic partnership of Blackboard with Grupo Positivo in Brazil and Virgin Media’s efforts to save schools in the UK some money.
After inBloom’s untimely demise ConnectEDU also joined the deadpool; let’s hope that BloomBoard will not be affected by the curse of Gates after having raised a $5 million Series A in which the foundation participated.
Companies InsideTrack and EdStart went on a shopping spree.
Furthermore, we also have news for you from some of the big players including Bing for the Classroom, Pearson’s free math app “Virtual Nerd”, Barnes & Noble’s Yuzu is in beta and Lynda.com now has a programming course for kids.
Last but not least, we know a bit more about Osman Rashid’s new edtech venture “Galxyz”, Collegefeed launched a career center platform and we might all soon be able to boost our learning by wearing the Halo Neuroscience Headband.
Blackboard and the Brazilian education company Grupo Positivo announced a strategic partnership.
Under the partnership Blackboard’s technology will be implemented in the offers of the different subsidiaries of Grupo Positivo.