"Four years after Anthology Inc. acquired Blackboard as part of its plan to become 'the most comprehensive ed-tech ecosystem,' the company is bankrupt and selling many of its parts. After years of chasing growth through mergers and acquisitions, the education-technology behemoth Anthology Inc. has more than $1 billion in debt and declared Chapter 11 bankruptcy last week."
Via EDTECH@UTRGV
Your new post is loading...
“Anthology’s bankruptcy reflects the financial and operational strain created when education technology companies scale primarily through acquisition rather than disciplined product and engineering strategy”