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Blackboard's Big Buy

Posted: 7/8/2010 - 08:29 AM

from Inside Higher Ed
by Steve Kolowich
July 8, 2010

Blackboard announced on Wednesday it is buying out two software companies in an effort to bolster its real-time collaboration features and satisfy a generation of professors and students increasingly shaped by social media.

The company, infamous to some in higher education for its habit of swallowing up smaller fish, said it is buying Wimba and Elluminate, top providers of software that lets students work together online, for a total of $116 million. More...