Blackboard Inc.

Blackboard
Company typePrivately held
IndustryEducational technology
FoundedJanuary 21, 1997; 27 years ago (1997-01-21)
Washington, D.C., U.S.
Founders
Headquarters,
U.S.
Number of locations
18
Area served
Worldwide
ServicesPlatform and enterprise consulting, managed hosting, student and training services, online program management[1]
Revenue$700 million (2018)[2]
Number of employees
3,000 (2012)[3]
ParentProvidence Equity Partners Veritas Capital
Websiteblackboard.com

Blackboard Inc., now Anthology is an American educational technology company with corporate headquarters in Boca Raton, Florida. Blackboard was known for Blackboard Learn, a learning management system.[4] Blackboard Inc. merged with Anthology in late 2021.[5]

The company's last CEO was William L. Ballhaus, formerly president and CEO of SRA International, who was also named chairman and president, on January 4, 2016, following the resignation of Jay Bhatt, who had led Blackboard since October 2012.[6] The firm provides education, mobile, communication, and commerce software and related services to clients, including education providers, corporations and government organizations. The software consists of seven platforms called Learn, Transact, Engage, Connect, Mobile, Collaborate and Analytics, which are offered as bundled software. The firm was founded by Stephen Gilfus, Daniel Cane, Michael Chasen and Matthew Pittinsky[7] through a business combination in 1997, and became a public company in 2004. It operated publicly until it was purchased by Providence Equity Partners in 2011 and Veritas Capital in January 2020.[8]

As of January 2014, its software were services are used by approximately 17,000 schools and organizations in 100 countries.[9] Seventy-five percent of US colleges and universities and more than half of K–12 districts in the United States use its products and services,[10] and eighty percent of the world's top academic institutions use Blackboard tools, according to Times Higher Education Reputation Ranking.[11]

  1. ^ "Company Overview of Blackboard Inc". BusinessWeek. 2013. Archived from the original on June 24, 2013. Retrieved June 3, 2013.
  2. ^ Andy Medici (July 27, 2018). "Blackboard, Moodle end partnership. But just who dumped whom?". Washington Business Journal. Retrieved October 23, 2022.
  3. ^ Pearlstein, Steven (November 17, 2012). "Blackboard's departing founder, an opportunist who made his own luck". The Washington Post. Archived from the original on December 7, 2012. Retrieved May 27, 2013.
  4. ^ Nagel, David (July 13, 2011). "Blackboard Learn Expands Open Education Standards Support". THEJournal. Retrieved February 10, 2014.
  5. ^ "Anthology Completes Merger with Blackboard, Launches Next Chapter in EdTech".
  6. ^ "Blackboard Inc. Names William L. Ballhaus Chairman, President and Chief Executive Officer". Blackboard. January 4, 2016. Archived from the original on October 6, 2017. Retrieved January 5, 2016.
  7. ^ Shellenbarger, Sue (September 19, 2017). "College-Search Quandary? There's an App for That". Wall Street Journal. ISSN 0099-9660. Retrieved October 6, 2017.
  8. ^ "Veritas Capital and Providence Equity Partners Acquire Anthology | Mergr M&A Deal Summary". mergr.com. Retrieved March 19, 2024.
  9. ^ Cite error: The named reference Corcoran14 was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference Empson14 was invoked but never defined (see the help page).
  11. ^ "US-based Blackboard Inc enters Indian educational market". career.webindia123.com. Retrieved October 6, 2017.