article thumbnail

New Ownership for an LMS Giant: Private Equity Firm to Buy Instructure for $2 Billion

Edsurge

when it comes to the LMS software that serves as the virtual classroom, online gradebook and other functions used in just about every college course these days. The company says its tools are used by more than 30 million people across the education and corporate learning markets. Canvas has the largest market share in the U.S.

LMS 153
article thumbnail

Blackboard to Sell Open LMS Product for $31.7 Million

Edsurge

-based provider of learning management software for K-12, higher ed, government and businesses, has agreed to sell its Open LMS business to Learning Technologies Group, or LTG, a London-based conglomerate of workplace learning software services. As part of the deal, LTG will resell Blackboard products integrated with Open LMS.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report: One of the Biggest Obstacles to Remote Learning? Finding a Quiet Place to Work

Edsurge

Baker’s experience was reflected in the results of a survey sent by BrightBytes, an education data company, from April to June 15. Here is the full report.) Not surprisingly, those who rely on cell phones to do so report having the hardest time. ISTE, EdSurge’s parent organization, helped design the survey questions.)

Report 217
article thumbnail

The Edtech Company Formerly Known as AltSchool Sold Its Tech. So What’s Left?

Edsurge

The company then rebranded to Altitude Learning, which continued to develop the technology, sell it to schools and provide implementation support. Through its training and workshops, the company aims to help customers achieve these outcomes with the personnel and tools they already have in place.

Company 135
article thumbnail

Canvas LMS Maker, Instructure, Appoints New CEO Steve Daly

Edsurge

To continue that effort, the company announced its new CEO, Steve Daly, will start his first day of work on July 1. Daly will succeed former CEO Dan Goldsmith, who steered what was a publicly-traded company through a protracted and contested sales process to Thoma Bravo—a drama that began in December 2019. higher education market.

LMS 89
article thumbnail

Canvas LMS Provider Instructure Considers Sale

Edsurge

The board of learning management system provider Instructure is open to taking the publicly traded company private. In a statement Thursday , Instructure said it may sell to a strategic partner or continue as a standalone public company as part of an exploration of “strategic alternatives in order to maximize shareholder value.”

LMS 61
article thumbnail

PowerSchool to Acquire Schoology, Pairing Major K-12 LMS and SIS Providers

Edsurge

Since 2015, PowerSchool has acquired eight companies. Through these deals, the company has expanded its product suite beyond its original K-12 student information system offering to assessment, enrollment, special education and talent management services. K-12 LMS market share in U.S. and Canada. and Canada.