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  5. Blackboard Acquires Nivel Siete

M&A Deal Summary

Blackboard Acquires Nivel Siete

On August 13, 2015, Blackboard acquired internet software and services company Nivel Siete

Acquisition Highlights
  • This is Blackboard’s 4th transaction in the Internet Software and Services sector.
  • This is Blackboard’s 1st transaction in Colombia.

M&A Deal Summary
Date 2015-08-13
Target Nivel Siete
Sector Internet Software and Services
Buyer(s) Blackboard
Deal Type Add-on Acquisition

Target

Nivel Siete

Bogota, Colombia
Nivel Siete is a provider of online learning solutions, hosting, support and consulting services that help organizations succeed in their teaching and learning initiatives, especially those that focus on the use of e-learning for talent management and training.

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Buyer(S) 1

Buyer

Blackboard

Reston, Virginia, United States
Category Company
Founded 1997
Sector Software
Employees1,780
DESCRIPTION

Blackboard is a global educational software company that allows thousands of higher education, K-12, professional, corporate and government organizations to extend teaching, learning and campus communication online to millions of students, parents and teachers. Blackboard was founded in 1997 and is based in Reston, Virginia.

DEAL STATS #
Overall 20 of 24
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 18 of 22
Country: Colombia M&A 1 of 1
Year: 2015 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 X-Ray Analytics

United States

X-Ray Analytics, Inc. is a research-based, predictive analytics technology that helps instructors and organizations meet the learning needs of their students.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-01 Blue Canary

Chandler, Arizona, United States

Blue Canary is a higher education predictive analytics company that helps institutions glean powerful data-driven insights and use them to improve student success.

Buy -
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