Announced
Financials
Sources
Tags
Acquisition
Majority
Single Bidder
Pending
Domestic
Private
Friendly
Software
software development
EdTech software
United States
Synopsis
Class Technologies, a leader in the synchronous virtual classroom space, agreed to acquire Blackboard, a company in the synchronous virtual classroom space with deep integration into Blackboard Learn Ultra, from Anthology, a provider of education solutions that support the entire learner lifecycle. “COVID forced millions of learners and instructors online overnight and fundamentally changed the face of education and training. At Class, our vision is to change the way the world learns - both in education and the workforce. Bringing together these two products and teams allows us to deliver the next generation virtual and hybrid learning environment -better, faster, and stronger than we could as two separate entities,” Michael Chasen, Class co-founder and CEO.
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