Top Grade for Blackboard?

" Blackboard when you in school was really something students enjoyed an investor is going to the black or me find -- stock that is getting. Better than passing great Michael Jason and -- educational technology company blackboard and joins me right you -- good morning Michael good to see him good morning. Okay first off let's explain to people specifically what is black or --"

" to go back to school nowadays if you would often still go to class -- we beat you get all of your course materials online and take tests and quizzes online. You can register for classes online there'd be this -- online component true traditional class experience. But what provides the software to colleges and universities and K through twelve institutions to pat."

" you guys need a recent acquisitions let's talk a little bit about the acquisition and the recent earnings that you guys reported why are you on the acquisition been in and tell tell me a little bit about the steel."

" Sure blackboard announced yesterday on earnings call that we acquired. We are about to acquire Angel learning. Which is also provider of course management system technologies to primarily to higher education in the K through twelve market space."

" The end this is a deal we had been talking with them about for some time and it really has made good sense to bring these two companies together. You know that competition in the sector of the Apollo in the military as a publicly traded names and divide things like that. How what we -- the earnings call you went through yesterday somebody announcement in the numbers. -- and and where we see opportunity right now particularly given a new administration that is embracing technology pretty aggressive play."

" Sure well we certainly there are number of commercial education providers so that our public so I think the big focus on education agencies and the result of how well those companies are doing yeah. Out there in the market space. All of them are benefiting from the ashes blackboard increased focus from the Obama administration and education. As well as I just an increased focus of people going back to school unfortunately as unemployment goes up. More people go back to school so education is a little bit consequential ways in particular commercial education providers the community college is actually see large increase in moments. -- using black -- software some ways that a lot of the schools managed dues increase in moments."

" You know out. I have to say there's a lot of people at home we don't realigned that you co founded this company back in 978. Twelve years later to billion dollar company I'm what TV yep I would love to do this needs be to not just -- scare part of this isn't the NASDAQ listed company. How did you get to this point -- financed."

" certainly is always our hope -- you know art technology had this type of -- global effect we now have over 5800. Schools around the world using our technology. Yes we started we were literally in a brownstone. Only a few blocks from our current offices today let -- myself -- them. My business of kidnapping between -- we were working in the higher -- industry as a consultant and we saw that they were spending millions of dollars. Wiring up the dorm room in the classroom to the Internet if there was no software that made that useful for teaching and learning. So is set to quit our jobs to start blackboard to decide software that would -- school but the courses Obama."

" I'm curious about the -- announcement yesterday and what you guys think about this the nature of the textbook business changing because students all of a sudden have the option to use that Kindle. Is this something that you in race because it's yet once again another technological and their innovation or something guys would go into."

" We we have relationships of all of the major publishers and affect many that make content. That would that not only -- for the can Mobil also be -- loaded directly into the school's online course environment and -- so you were using a textbook. In your class. You would be able to access all this free online content in your online course environment -- by blackboard as well so I think this is definitely another step in the right direction of making -- it easier for students to have it actually it it it's good for you absolutely."

" Now here's the question I had thought about this felt lonely years didn't lure high wind things in the block and I am just trying to figure out. I even remember all those things like seeking meaning and we'll go back and look at pages."

" And actually now with the the technology they have with a lot of the publisher text you can actually highlight. The taxi -- theater just go back on the computer for."

" Technologies and even. I'm Michael chasing congratulations continue to -- and come back -- and thoughtful."