While Blackboard is still losing customers domestically and likely to continue doing so over the next 12 months, there are definite signs of life.
Just over four years after Providence Equity Partners acquired Blackboard and three years after they brought in Jay Bhatt to replace co-founder Michael Chasen, the company hired Bill Ballhaus as its new CEO at the beginning of January. 100 days in, Ballhaus is starting to make changes to the organization and providing some insights into future corporate directions. […]
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, offers services that Blackboard was already offering, and has no substantial new technology. But as we approach BbWorld next week, […]
When a company the size of Blackboard makes substantial organizational changes, it can be difficult to assess what is really going on. In the beginning, the stories tend to look similar. The old CEO…decides he wants to “spend more time with his family.”1 Well-known long-time employees leave the company en masse, some of their own volition […]