Blackboard’s acquisition of ANGEL Learning further solidifies its commanding position as the leading Learning Management System (LMS) provider in the market. For the roughly $95M cash and stock that Blackboard (NASDAQ: BBBB – $29.16) paid for ANGEL, they acquired a rapidly growing, well-regarded competitor. But the market does not seem to like the deal – shares are off nearly 12% since the announcement. What is the motivation for this acquisition?
Filed Under Deal of the Week, Intangible Assets, Merger & Acquisitions



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