Blackboard Acquires Nivel Siete

Companies to Bring More Solutions and Services to the Open Source Community in Latin America

Aug 13, 2015, 10:00 ET from Blackboard Inc.

WASHINGTON, Aug. 13, 2015 /PRNewswire/ -- Blackboard today announced the acquisition of Nivel Siete, a leading Moodle provider operating in Latin America. By joining their forces, the two companies will be able to offer more services and solutions to organizations that leverage Moodle, one of the most widely used learning management systems (LMS) in the world, and support a greater number of learners to achieve their educational goals.

Nivel Siete offers a variety of learning solutions, hosting, support and consulting services that help organizations succeed in their teaching and learning initiatives, especially those that focus on the use of e-learning for talent management and training. Headquartered in Colombia, the company serves over 200 customers in Mexico, Colombia, Peru, Ecuador, Venezuela, Honduras and the Dominican Republic.

"The addition of Nivel Siete to the Blackboard family testifies to our commitment to open source," said Matthew Small, senior vice president and managing director, international at Blackboard. "We are seeing strong momentum for our open source solutions and in particular for Moodlerooms, with the addition of more than 80 new customers around the world in the last few months and a significant growth in Mexico, Colombia, Peru and Brazil. Our open source solutions play an integral part in our strategy and we will continue to support their growth. I am thrilled to work together with the team at Nivel Siete and improve the educational experience for learners in Latin America." 

"We are excited to join forces with Blackboard and help learners and organizations be successful," said José Diáz, CEO at Nivel Siete. "By working together with Blackboard we will be able to enhance the range of solutions and services we provide to institutions and businesses across Latin America. The local Moodle community will benefit from this acquisition, as it will open up new opportunities to share knowledge and best practices."

Today's announcement marks the latest investment made by Blackboard in open source after the recent acquisitions of Remote-Learner UK and X-Ray Analytics technology. Since officially joining the open source community in 2012, Blackboard has been contributing to Moodle with code, quality assurance, platform integrations and bug fixes. It has also supported many community gatherings across the world.

For more information about Blackboard, please visit www.blackboard.com or follow @Blackboard on Twitter.

About Blackboard Inc.
Blackboard is the world's leading education technology company. We challenge conventional thinking and advance new models of learning in order to reimagine education and make it more accessible, engaging and relevant to the modern day learner and the institutions that serve them. In partnership with our customers and partners in higher education and K-12 as well as corporations and government agencies around the world, our mission is to help every learner achieve their full potential by inspiring a passion for lifelong learning. For more information about Blackboard, follow us on Twitter @Blackboard.

Any statements in this press release about future expectations, plans and prospects for Blackboard represent the Company's views as of the date of this press release. Actual results may differ materially as a result of various important factors. The Company anticipates that subsequent events and developments will cause the Company's views to change. However, while the Company may elect to update these statements at some point in the future, the Company specifically disclaims any obligation to do so.


SOURCE Blackboard Inc.



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