Blackboard to Sell Open LMS Business
Blackboard has announced it will sell its Open LMS business to workplace digital learning and talent management company Learning Technologies Group (LTG). The transaction is expected to close in Q2 2020.
According to a news announcement, the move "enables Blackboard to further simplify its business and accelerate momentum in helping clients move to its software-as-a-service (SaaS) deployment of Learn and Ultra," while allowing the Moodle-based Open LMS to "increase its focus on the innovations and services that are core to its client base."
"This further simplification of our business will enable the company to continue accelerating investment and innovation in our unique ed tech platform that will enable a more personalized experience, fueled by data, to advance learning for our clients," commented Blackboard Chairman, CEO and President Bill Ballhaus, in a statement. "We look forward to the continued growth of Blackboard and Open LMS as separate market-leading businesses serving their respective clients."
Blackboard said it will "continue to provide existing Open LMS clients access to Blackboard products that fully integrate within Open LMS, including Ally, SafeAssign, Collaborate, and Predict."
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Rhea Kelly is editor in chief for Campus Technology, THE Journal, and Spaces4Learning. She can be reached at [email protected].