Blackboard CEO Steps Down

Blackboard CEO Michael Chasen has stepped down after helming the company for 15 years. The Washington Post reported on the industry development, onlinepharmacy-cialis pointing out that Chasen is now free to take on another venture or find a position at another established enterprise.

The enterprise software company primarily known for its popular learning management system was born in the late 90s. Since then, founders of the company have been departing to pursue new ventures. This doesn’t exactly mean that Blackboard is bleeding dry and no longer competitive, even though a slew of companies have been pursuing the art of learning management systems in an effort to cash in on

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the edtech movement.

Just a few of Blackboard’s competitors include:

  • Moodle, an open-source software for online courses and websites.
  • In a way, Google Apps for Education acts as a free competitor to Blackboard’s LMS.
  • Wowzers, a blended learning and mobile-friendly classroom management system.

The Washington Post story continued kamagra oral jelly cvs by taking a look at the atmosphere surrounding edtech startups cheap generic levitra oral jelly and the impact Blackboard made on the industry:

“All of a sudden it’s as if the venture capital community over the last two-and-a-half years woke up to the fact that there’s a significant opportunity to invest in educational technology,” said Roger Novak, general partner at Novak Biddle Venture Partners and one of Blackboard’s early financiers.

“What Blackboard really became was a platform for online education,” Novak said. “A lot of the other things are really niche-oriented companies, which I would call feature companies. It’s a feature of a platform, not a whole platform.”

So who will be replacing Chasen at the long-standing cialis coupon cvs enterprise software company? It is expected that Jay Bhatt, the chief executive over at Progress Software will take the helm. Bhatt kamagra in uk will take charge of a company that recently acquired education software company Edline and two other competitors focusing on open-source software for schools.