Just over four years since Providence Equity Partners acquired Blackboard and three years after they brought in Jay Bhatt to replace co-founder Michael Chasen, the company announced another change in CEO. Blackboard has removed Jay Bhatt and replaced him with Bill Ballhaus. The official reason from the announcement: Today, we are fortunate to be joined […]
Jay Bhatt
Why Is Blackboard Laying Off Staff Despite Improved Market Share Position?
Over the past two weeks Blackboard had another round of layoffs, likely due to the company missing financial targets. While one estimate places the number at roughly 200, from what I have heard the number is closer to 90 – 100 people let go. I asked the company for commentary on the layoffs and associated reorganization. By […]
Blackboard Brain Drain: One third of executive team leaves in past 3 months
In August 2013 Michael described Ray Henderson’s departure from an operational role at Blackboard. As of the end of 2014, Ray is no longer on the board of directors at Blackboard either. He is focusing on his board activity (including In The Telling, our partner for e-Literate TV) and helping with other ed tech companies. […]
Blackboard’s Big News that Nobody Noticed
This week was both D2L’s FUSION conference and Blackboard’s BbWorld. The conventional wisdom going around is that there was no big news out of either conference. In Blackboard’s case, that’s just not true. In fact, there was an astonishing amount of very significant news. It’s just that Blackboard didn’t do a very good job of […]
Blackboard’s Perceptis Acquisition Offers Clues into Company’s Strategy
Yesterday Blackboard announced that they acquired Perceptis, a provider of help desk and financial aid support services for colleges and universities. In and of itself, this is not a huge acquisition. Perceptis has 33 clients, offers services that Blackboard was already offering, and has no substantial new technology. But as we approach BbWorld next week, […]
Two-Year Anniversary of Blackboard Acquisition of Moodlerooms and NetSpot
Two years ago today, Blackboard made a dramatic change of course with a series of public announcements: Blackboard acquired two Moodle hosting and service providers — Moodlerooms in the US and NetSpot in Australia (although they had different business models). Blackboard created an Open Source Services Group, which helps “institutions successfully manage open source learning management systems […]
Update: Blackboard and Washington Post change the employee count
Well that was a major change. As I noted yesterday, Blackboard described its reorganization efforts to the Washington Post for its Saturday profile of the company and CEO Jay Bhatt. Blackboard today is completely reorganized, compared with a year ago, a process that required layoffs in some departments and new hires in others, Bhatt said. […]