Techno-News Blog

November 28, 2019

Canvas parent Instructure mulls potential sale, partnership

Filed under: Uncategorized — admin @ 12:20 am

Hallie Busta, Education Dive

Instructure, the education software company that makes learning management system Canvas, is exploring potential alternatives to being a publicly traded company that could include a sale. The news was first reported by Bloomberg on Wednesday and confirmed in a company announcement Thursday. Instructure said it has received interest from “multiple third parties.” Investor pressure spurred the decision, according to Bloomberg, and potential outcomes include continuing as a public company, going private or being purchased.

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