In February, we were excited to announce that Schoolwires had signed an agreement to be acquired by Blackboard pending regulatory review and the satisfaction of certain closing conditions. We are pleased to announce that the transaction is complete and Schoolwires has officially united with the Blackboard team.
Both companies are committed to continuing our dedication, hard work and passion for the K-12 school market. Schoolwires’ technologies and team will contribute to Blackboard’s winning K-12 business strategy and overall portfolio of solutions. Schoolwires will play an ever growing role in Blackboard’s K-12 content and community management strategy moving forward, including getting parents more involved in the learning experience.
Our customers, employees and the K-12 market can look forward to what the future holds as a result of this powerful combination of market leaders. Schoolwires customers will benefit from greater access to integrated solutions for community engagement from a single provider. Schoolwires employees will benefit from expanded career opportunities in a larger, growing company. And, the entire K-12 marketplace wins with a strengthened Blackboard portfolio of solutions for teaching, learning and community engagement.
In the coming weeks, more details about how Schoolwires’ products and services will fit into Blackboard’s larger K-12 solutions and services strategy will be shared. For more information, see the official release.