Tag Archives: Jay Bhatt

Blackboard Replaces CEO Jay Bhatt: What happened

By Phil HillMore Posts (453) 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 … Continue reading

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Why Is Blackboard Laying Off Staff Despite Improved Market Share Position?

By Phil HillMore Posts (453) Over the past two weeks Blackboard had another round of layoffs, likely due to the company missing financial targets. While one estimate places the number at roughly 200, from what I have heard the number is … Continue reading

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Blackboard Brain Drain: One third of executive team leaves in past 3 months

By Phil HillMore Posts (453) In August 2013 Michael described Ray Henderson’s departure from an operational role at Blackboard. As of the end of 2014, Ray is no longer on the board of directors at Blackboard either. He is focusing … Continue reading

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Blackboard’s Big News that Nobody Noticed

By Michael FeldsteinMore Posts (1094) This week was both D2L’s FUSION conference and Blackboard’s BbWorld. The conventional wisdom going around is that there was no big news out of either conference. In Blackboard’s case, that’s just not true. In fact, … Continue reading

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Blackboard’s Perceptis Acquisition Offers Clues into Company’s Strategy

By Michael FeldsteinMore Posts (1094) Yesterday Blackboard announced that they acquired Perceptis, a provider of help desk and financial aid support services for colleges and universities. In and of itself, this is not a huge acquisition. Perceptis has 33 clients, … Continue reading

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