by UK Education Investor
Educational technology provider Blackboard has acquired online learning technology providers Elluminate and Wimba, in deals worth a total of $116 million. The company says it will now merge the two companies to create new standalone platform Blackboard Collaborate. Ray Henderson, president of Blackboard Learn, said of the acquisitions: “Bringing Elluminate and Wimba together allows us to accelerate development of their technologies to better realize the full potential for impacting education, at a rate much faster than any of our organizations could have achieved independently.”
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