consolidation continues - BlackBoard + WebCT & more.
The Learning Circuits
OCTOBER 12, 2005
Today BlackBoard announced plans to merge with WebCT; the two leading providers in the higher education eLearning space (BlackBoard alone forecasts US$150M+ for their fiscal year). It also doesn't bode well for WebCT's willingness to play with open source (sorry Harold!) This announcement comes on the heels of Saba acquiring Centra. Plus Saba + Centra creates a US$100M revenue company which is not too shabby!