Blackboard today announced it will sell its Open LMS business to workplace digital learning and talent management company Learning Technologies Group.
Instructure's CEO will step down in a couple of weeks after the latest purchase agreement with Thoma Bravo is complete.
In a revised agreement announced this morning, venture capital company Thoma Bravo has increased its offer to acquire Instructure, from the prior $47.60 per share to a “best and final offer” of $49 per share in cash.
Instructure's pending acquisition by venture capital company Thoma Bravo has fallen through for now.
According to the two companies, the deal will result in a streamlined way for school districts to incorporate the Mentoring Mind's critical thinking content into their curriculum and teaching.
In 2011, Instructure staked its claim in the LMS market by taking its learning management system open source. Now, the company has agreed in principle to be acquired by a venture capital firm. Instructure recently announced the transaction; Thoma Bravo has offered stockholders $47.60 per share in cash, valuing the company at about $1.79 billion.
As of today, one of the country's largest education systems just got much bigger. PowerSchool has finalized its purchase of Schoology, making the learning management system the newest component in its "Unified Classroom" suite for K-12.
Open Options is launching a new learning management solution to help its customers obtain certifications to the company’s distributed network architecture software.
Ozobot is launching what it’s calling the first “STEAM learning management system,” Ozobot Classroom.
Blackboard's Ally accessibility tool is now available for D2L's Brightspace learning management system.