Blackboard is buying Elluminate and Wimba, two popular online conferencing systems, for a total of $116 million in cash. The purchase was reported in the Wall Street Journal (from press releases) as well as in press releases on the Blackboard site as well as Elluminate and Wimba. In his blog Blackboard Learn president Ray Henderson writes, "For much of the past decade we've seen synchronous education platforms emerging in education. They've always represented the needs of an important niche in education delivery, and are a strong compliment to the asynchronous platforms like Blackboard."
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