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The big news of the day is that Blackboard, arguably the Microsoft of learning management systems, has been purchased by private equity firm Providence Equity Partners for $1.64 billion.  


Blackboard Collaborate

Posted by: Anahid

Blackboard has plans to purchase two rival education-software companies for a total of $116 million.


According to Garrett, and online learning analyst for Eduventures, faith-based schools seem to have an advantage over others in the online education market. The number of online students enrolled in Christian Universities has been growing rapidly. After coming to close financial ruin, Grand Canyon University was forced to "reinvent itself as a for-profit online university." They have 36,000 students, of which 90% are distance learners.


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