Education

Blackboard to merge with anthology, creating massive ed-tech company

From Inside Higher Ed: “Anthology, which emerged a year ago from the combination of three higher education administrative software firms, will merge with Blackboard, long the most visible company in learning technology, the two companies announced today. The companies did not share any financial data, but the combined entity is likely to be among the sector’s biggest educational technology firms. Blackboard’s current owner, Providence Equity Partners, bought it in 2011 for $1.64 billion, and Blackboard was shopped (but not sold) in 2015 for about $3 billion.”

View the full article from Inside Higher Ed.