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Category: blackboard

  • Sebastian Thrun and Udacity

    Sebastian Thrun
    Sebastian Thrun (Photo credit: novas0x2a)

    Sebastian Thrun and Udacity

    MOOCs may not be the future of higher education. But they will be the future of Corporate Training. You can bet money on that. In fact money IS being bet on that right now. Udacity has gone from attempting to create a higher ed paradigm shifting option to a more conventional platform for conducting training for employees of corporations willing to pay money to host on their platform.

    Now that’s a change we can all believe in, as trainers and traveling, itinerant consultants can sit at their home base and run the sessions synchronously or asynchronously as time allows or demands change. Yes, hands on training may be the best but the best training is the one you actually can provion, pay for and get people to attend. Otherwise, it’s all an exercise in human potential waiting to be tapped, but at times more often opportunities lost outright. Just in Time training? Hardly, how about cost-effective training provided in a plentiful manner? Absolutely yes.

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  • First Sungard goes private and now Blackboard

    The buyers include Bain Capital, the Blackstone Group, Goldman Sachs Capital Partners, Kohlberg Kravis Roberts, Providence Equity Partners and Texas Pacific Group. The group is led by Silver Lake Partners. The deal is a leveraged buyout – Sungard will be taken private and its shares removed from Wall Street.

    via Sungard goes private • The Register. Posted in CIO, 29th March 2005 10:37 GMT

    RTTNews – Private equity firm Providence Equity Partners, Inc. agreed Friday to take educational software and systems provider Blackboard, Inc. (BBBB: News ) private for $45 per share in an all-cash deal of $1.64 billion.

    It would appear now that Providence Equity Partners owns two giants in the Higher Ed outsourcing industry Sungard and Blackboard. What does this mean? Will there be consolidation where there is overlap between the two companies? Will there be attempts to steal customers or upsell each other’s products?

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