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Moodle Based Business (LMS) Sold

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  • Learning Technologies to acquire Moodle specialist, Open LMS

    Learning Technologies Group PLC (LON:LTG) is to acquire Open LMS, a big name in the world of Moodle, an open-source learning management system (LMS).

    Learning Technologies (LTG) is to pay US$31.7mln in cash to acquire Open LMS from Blackboard Inc. The acquisition will be funded from the group’s existing cash and bank facilities.

  • Blackboard Shifts Away From the Open Source Business By Selling Its Moodle Based Business

    Blackboard Inc. announced this week the sale of its Open LMS, a Moodle-based platform formerly known as Moodlerooms.

    The buyer is a London-based corporate education company Learning Technologies Group (LTG) for $31.7 million. The deal is expected to close during the second quarter.

    “The transaction enables Blackboard to further simplify its business and accelerate momentum in helping clients move to its Software as a Service (SaaS) deployment of Learn and Ultra,” said Bill Ballhaus, CEO at Blackboard.

  • Blackboard to Sell Open LMS Product (Formerly Moodlerooms) for $31.7 Million

    Blackboard, a Reston, Va.-based provider of learning management software for K-12, higher ed, government and businesses, has agreed to sell its Open LMS business to Learning Technologies Group, or LTG, a London-based conglomerate of workplace learning software services.

    LTG will pay $31.7 million for all intellectual property and assets related to the Open LMS, formerly called Moodlerooms and currently considered the largest commercial Moodle provider worldwide, according to a statement Tuesday. The deal is expected to close during the second quarter.

  • Blackboard to sell open-source LMS platform for $32M

    Open LMS is a software-as-a-service platform based on Moodle, an open-source LMS. By offloading the unit, Blackboard is shifting away from the open-source LMS market it once sought to serve.

    Meanwhile, for LTG, the acquisition is "a significant step" toward growing its position in the Moodle marketplace, the company said in a statement.

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