Tag Archives: Providence Equity Partners

Blackboard Replaces CEO Jay Bhatt: What happened

By Phil HillMore Posts (402) 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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Exclusive: University of Phoenix moving from homegrown platform to Blackboard Learn Ultra

By Phil HillMore Posts (402) The University of Phoenix has a history of using its scale to develop and rely on homegrown platforms, including the  adaptive learning platform branded as “Classroom”. I wrote about this investment in 2013. The full … Continue reading

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

By Phil HillMore Posts (402) 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 Potential Sale: Market timing, financials, and some thoughts on potential buyers

By Phil HillMore Posts (402) With Reuters’ story last week that Blackboard is putting itself up for sale through an auction, one question to ask is ‘why now?’. As Michael has pointed out, Blackboard is in the midst of a … Continue reading

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Blackboard Inc.: The Rise of the New “Online Learning” and the Race for Profits

By More Posts (42) In organizing the resignation of University of Virginia President Theresa Sullivan, Rector Helen E. Dragas may have expressed the concerns of many higher education boards of directors about the impact and effective use of education technology. … Continue reading

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