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MOUNTAIN VIEW, Calif., April 18 (UPI) — Venture capitalists will put $16 million into an interactive online learning system developed by two California scientists, their company announced Wednesday. Coursera said its funding will come from two premier Silicon Valley firms, Kleiner Perkins, Caulfield & Byers and New Enterprise Associates. In addition to the funding, the [...]

Barnes & Noble Inc. and Microsoft Corp. are teaming up to create a new Barnes & Noble subsidiary that will house the digital and college businesses of the bookseller and include a Nook application for Windows 8. The companies said Monday that they are exploring separating those businesses entirely. That could mean a stock offering, sale, or other deal could happen.

On April 18, 2012, Standard & Poor’s Ratings Services assigned its ‘B+’ issue level rating (one notch higher than the corporate credit rating) to Washington, D.C.-based Blackboard Inc.’s proposed $60 million incremental term loan with a recovery rating of ’2′,indicating substantial (70%-90%) recovery of principal in the event of a payment default.

Instructure raises $8 million in Series B funding

Blackboard Official Announcements On March 26th, Blackboard made four simultaneous announcements through press release. They also released two additional press releases based on these four announcements. Press Release 3/26 “Blackboard Announces Continued Support for ANGEL” – Blackboard canceled their end-of-life for the ANGEL LMS product, keeping it available indefinitely. Press Release 3/26 “Blackboard Appoints Sakai [...]

  Dear Clients and Community: Today we are making some big announcements that we know will catch the attention of many members of the education community. Taken together, they speak to a broader shift in our strategy for serving education institutions so we are taking a moment to share some thoughts about our approach. The [...]

The recent combination of two education technology leaders, Datatel and SunGard Higher Education, has a new name: Ellucian™.

Blackboard Inc. today updated its plan for supporting clients using the ANGEL learning management platform, extending support for the platform beyond its previously scheduled end date in 2014.

Blackboard Inc. today announced the launch of Blackboard Education Open Source Services, a new effort to support clients using open source education technologies. With the announcement, the company will continue to focus on its flagship Blackboard Learn ™ platform as well as ANGEL and Edline, while also helping institutions successfully manage open source learning management systems (LMS) including Moodle and Sakai.

Blackboard Inc. today announced the appointment of Charles Severance, a longtime leader and one of the founders of the Sakai community, to a senior role to lead the company’s initiative on the Sakai open source learning management system (LMS).

Blackboard Inc. announced a major investment in open source today with news that it has acquired Moodlerooms and NetSpot, two leading providers of open source online learning solutions to the education industry. Both organizations will continue to operate independently to support their clients.

Blackboard Official Announcements – On March 26th, Blackboard made four simultaneous announcements through press release. They also released two additional press releases based on these four announcements.