Blackboard Hires BarCap For Sale

Educational software and systems provider, Blackboard, is considering a possible sale after receiving proposals from interested buyers.

Educational software and systems provider, Blackboard, is considering a possible sale after receiving proposals from interested buyers, Financial Times reports. The company has hired Barclays Capital to help assess its strategic alternatives.

Blackboard is valued at about $1.7 billion. Technology specialists and private equity firms are expected to show interest in the company.

Click here for the story from Financial Times.

Click here for the additional coverage from Bloomberg.