Blackboard / BBBB
About Blackboard
650 Massachusetts Ave. NW, Sixth Floor, Washington, D.C. 20001
www.blackboard.com
| 202-463-4860
| Founded: 1997
Industry: Information Technology | Category: Public Companies
Blackboard develops course-management software used by colleges to put lectures and other teaching materials online. In January, the company bought NTI Group for $182 million to incorporate technology to send emergency alerts to students. Blackboard, which has 3,500 clients worldwide, paid $132 million in cash and $50 million in stock for the company. In February, Blackboard won a patent dispute against rival Desire2Learn. A federal jury in Texas awarded the company $3.1 million.
2007 Financial Data
Revenues: $239,448,000 | Net Income: $12,870,000Asssets: $502,276,000 | Earnings Per Share: $0.43
Stockholder Equity: $184,674,000 | Annual Dividend: $0.00
Total employees: 891 | Local employees: 525
Company Leadership
| Michael L. Chasen | Chief Executive Officer, President and Director |
| Frank R. Gatti | Director |
| Thomas J. Kalinske | Director |
| Beth J. Kaplan | Director |
| E. Rogers Novak | Director |
| Matthew Pittinsky | Chairman |
| William J. Raduchel | Director |
| Joseph L. Cowan | Director |
| Michael L. Chasen | President and Chief Executive Officer |
Source: Compensation data provided by Equilar, Inc..
| Michael L. Chasen President and Chief Executive Officer | $3,585,496 Salary: $487,499 |
Did You Know
SURVIVOR: Founded in 1997, Blackboard is one of the few information-technology firms in the District to outlast the dot-com bust.
