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US ed-tech darling Blackboard losing market share to nimble competitors

Published Sun, Aug 23, 2015 · 09:50 PM

Washington

WASHINGTON-BASED Blackboard helped launch the education technology industry in the mid-1990s. By the early 2000s, its software connected students and professors with textbooks, course materials and each other at nearly every college in the country. Its stock peaked in 2007, at US$49, more than triple its opening price on the Nasdaq in 2005.

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