Blackboard has agreed to buy a text-messaging company for $182 million. Blackboard said Sherman Oaks, Calif.-based NTI Group will improve its ability to communicate with large groups as the online learning market grows. NTI's technology will also enable Blackboard to give universities and colleges a means to communicate to students and teachers if there is a tragedy or severe weather. Read more at:
http://www.bizjournals.com/washington/stories/2008/01/14/daily3.html
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January 15, 2008
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