M&A Deal Summary

Blackboard Acquires ParentLink

On November 13, 2014, Blackboard acquired information technology company ParentLink from Parlant Technology

Acquisition Highlights
  • This is Blackboard’s 8th transaction in the Information Technology sector.
  • This is Blackboard’s 13th transaction in the United States.

M&A Deal Summary

Date 2014-11-13
Target ParentLink
Sector Information Technology
Buyer(s) Blackboard
Sellers(s) Parlant Technology
Deal Type Divestiture

Target

ParentLink

United States
ParentLink offers communication tools for various district information systems and are designed to increase community engagement.

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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 16 of 24
Sector: Information Technology M&A 8 of 12
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 13 of 18
Year: 2014 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-25 Requestec

United Kingdom

Requestec is a provider of Web-based Real Time Communication (WebRTC) technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-20 Schoolwires

State College, Pennsylvania, United States

Schoolwires, Inc. provides strategic online communication, community-management and productivity solutions to the K-12 education market throughout the United States.

Buy -

Seller(S) 1

SELLER

Parlant Technology

Provo, Utah, United States

Category Company
Sector Information Technology
DESCRIPTION

Parlant Technology is a provider of information and messaging tools and services.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1