Instructure's CEO will be stepping down in a couple of weeks after the latest purchase agreement with Thoma Bravo is complete.
In a revised agreement announced today, venture capital company Thoma Bravo has increased its offer to acquire Instructure, from the prior $47.60 per share to a “best and final offer” of $49 per share in cash.
Instructure's pending acquisition by venture capital company Thoma Bravo appears to have bitten the dust.
The company that staked its claim in the LMS market by taking its learning management system open source in 2011 has agreed in principle to be acquired by a venture capital firm. Instructure recently announced the transaction. Thoma Bravo has offered stockholders $47.60 per share in cash, valuing the company at about $1.79 billion.
Purdue University recently announced a major learning management system change: By the start of the fall 2020 semester, the entire university system will move from Blackboard Learn to D2L Brightspace.
Recently, GitHub announced integrations between GitHub Classroom and popular learning management systems Google Classroom, Instructure Canvas, D2L Brightspace and Moodle, enabling the automatic syncing of students from the LMS platform to GitHub Classroom.
This week, Google introduced Assignments, a revamp of its Course Kit toolkit (in beta last year), designed to streamline the process of collecting and grading student work.
Education technology company Sonic Foundry recently announced integration between its video platform and learning management system Blackboard Learn Ultra.
Remote proctoring company Proctorio has added two plagiarism detection tools to its Learning Integrity Platform.
Blackboard has introduced the Blackboard Reporting Stack Developer Tier, the first release on the Blackboard Data platform, which gives colleges and universities direct access to data sets to analyze their learning ecosystem and support institutional goals.
