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357 - Flash: Blackboard and WebCT to Merge

Learning TRENDS by Elliott Masie - Oct 12, 2005.
#357 - Updates on Learning, Business & Technology.
51,405 Readers - http://www.masie.com - The MASIE Center.
Learning 2005: Oct 30 - Nov 2 - Orlando, Florida.

Flash: Blackboard and WebCT To Merge - More Consolidation

The merger process continues in the learning space. Today, it was the announcement that the two largest educational learning management companies are merging: WebCT and Blackboard.

"This merger makes tremendous sense for our clients, shareholders, and employees." said Michael Chasen, Blackboard President and Chief Executive Officer. "It represents an unparalleled opportunity for two successful, mission-driven organizations to unify in a combined platform singularly focused on being the premier partner for educators on a global basis.
Together with our clients, we have one of those rare and special opportunities to truly improve the access, quality and efficiency of education on a global scale."

"Today is a great day for WebCT's and Blackboard's clients, partners, investors and employees," said Carol Vallone, WebCT President and Chief Executive Officer. "Both companies feel passionately about academic pursuits, institutions of learning and, most importantly, their various constituents, and have shared credit in jointly pioneering the integration of technology and education. We've thought a lot about the alignment of cultures, technologies and overall strategies of the companies and these businesses belong together."

We will do an interview and follow-up with these companies in the coming days.

Elliott Masie
Learning TRENDS
Learning 2005 - http://www.learning2005.com

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