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Blackboard and WebCT merge

Posted by ryuzaki0 on from the writing-on-the-wall dept.

Acidangl writes "Blackboard and WebCT, leading providers of enterprise software and services to the education industry have announced plans to merge." From the article: "Under terms of the agreement, Blackboard will acquire WebCT in a cash transaction for $180 million, which values the offer at approximately $154 million, net of WebCT's August 31, 2005 cash balance of $26 million. The ultimate value of the offer will vary depending on WebCT's cash balance at closing."

1 of 277 comments (clear)

  1. Being that its Slashdot and all... by Deslok · · Score: 5, Informative
    Why pay for their service when you can go open source for free?

    Moodle

    The school I'm at made the shift and hasn't looked back(well, aside from the technophobe teachers who grumble about learning something new a few years after they started to grasp the old system).