Archive for the ‘New Economy’ Category

Blackboard Inc. and Open Universiteit Nederland Announce Strategic Alliance

Under the terms of the alliance, Blackboard and OUNL will work to integrate Edubox and the Blackboard’s Learning and Portal Systems through Blackboard’s open Application Programming Interfaces (API’s). Together the technologies will combine the functionality of Blackboard’s products with advanced features from Edubox, including compliance with the new international standard for Learning Design. Edubox is […]

Increase in students ‘not needed’

Only a third of the UK’s 28 million jobs are “knowledge-based”, economists at Cardiff and Lancaster universities say. Read the Full Story

UAE e-learning market to surge by 2008

The growth in the e-learning market will cover content providers, technology providers and service providers of e-learning initiatives of the country’s public and education sectors, as well as the corporate learning programmes of large corporations. Read the Full Story

VCampus Corporation Completes $5.3 Million Financing

RESTON, VA, March 26, 2004 – VCampus Corporation (Nasdaq: VCMP), a provider of end-to-end, web-based e-Learning solutions, today announced that it has completed a $5.3 million private equity placement through the issuance of a combination of common stock and fixed-price convertible debt to a group of institutional investors.SIAR Capital, an independent investment fund that invests […]

Convergys buys DigitalThink

Convergys signed a purchase agreement to acquire San Francisco-based DigitalThink, Inc. (NASDAQ: DTHK) for $2.40 per share in cash, for an aggregate purchase price of approximately $120 million for all outstanding shares. DigitalThink is the leader in custom e-learning for the Fortune 1000 and the largest custom e-learning company in the industry. Its learning solutions […]

Docent And Click2learn Stockholders Approve Merger

Pursuant to the Agreement and Plan of Reorganization, Canuck Acquisition Corp. will merge into Click2learn and Devil Acquisition Corp. will merge into Docent with the result that Click2learn and Docent will each become a wholly owned subsidiary of Hockey Merger Corporation In addition, each share of Click2learn common stock will be automatically converted into the […]

ED MAP Inc. Nets Investment of $2.1 million

Adena Ventures is based in Athens, OH and is investing $600,000. SJF Ventures, with offices in Philadelphia, PA and Durham, NC is investing $450,000 as is OCA Ventures of Chicago, IL to bring equity financing to $1.5 million. Completing the financing is People’s Bank, which will provide a $600,000 line of credit to bring the […]

Blackboard files for $75 mln IPO

Blackboard did not say how many shares it plans to offer or estimate a price per share in a preliminary prospectus filed with the Securities and Exchange Commission. Those details are expected in future filings. Read the Full Story

In debt from Day One

As a student at Johns Hopkins University, Justin Anderson had fairly idealistic notions when it came to his career. He loved the idea of teaching, and even dreamed of getting a doctorate in history after graduating. Then reality sank in. Read the Full Story

Intellectual property the next big thing, Greenspan predicts

“Of particular relevance to our economy overall is the application of property-right protection to information technology,” Greenspan said, adding, “How appropriate is our current system– developed for a world in which physical assets predominated– for an economy in which value increasingly is embodied in ideas rather than tangible capital? The importance of such questions is […]