Blackboard, WebCT to Merge
The announcement, which came late in the day on Wednesday, surprised many higher education technology experts, although most of those reached said the merger made sense in a market in which the two leading players each have relationships with between 40 and 50 percent of colleges, according an estimate by Eduventures, an education analyst. The announcement by the two companies said that together, they would have about 3,700 clients, many of which are colleges and universities.
