Ellucian to acquire Tribal Group for $208m.

Ellucian, a tertiary education technology solutions provider, agreed to acquire Tribal Group, an edtech company, for $208m. "Tribal is in clear alignment with Ellucian's strategy, purpose and values, and this is an exciting opportunity to expand our combined reach as we power tertiary education so institutions can empower student success. We recognize Tribal's notable transformation journey to cloud and are eager to work with Tribal's strong leadership and talented team. With this investment, we can accelerate our impact in large and important educational markets around the world," Laura Ipsen, Ellucian CEO.