Even though Providence Equity Partners and a group of investors bought educational website Blackboard for $1.64 million, that doesn't mean big changes are necessarily coming for Ball State users.
Students and teachers on campus use Blackboard as communication and course materials for many of their classes, and many schools across the country are wondering about changes that may be made.
Yasemin Tunc, senior director of Ball State's New Learning Technologies, said users shouldn't notice any changes as a result of the buyout.
"The buyout is hopefully going to be a good thing for all Blackboard customers," she said. "The reason I say that is because this is an equity firm so they have a long list of education companies in their portfolio."
According to a press release, Providence is a leading global private equity firm when it comes to education investments, as well as investments in media, communications and information services.
Tunc said if any changers are made to Blackboard, she is optimistic they'll improve the learning tool.
"Not only do they have a lot of experience with technology providers for education, but also we're hoping they will infuse a lot of resources to Blackboard so that Blackboard can keep getting more robust and a better provider for technology."
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