Datatel + SGHE Merger Update

Datatel + SGHE Merger Update

Wild rumors, alarmist blog posts, and uncertainty is driving a lot of industry interest and online traffic about the Datatel + SGHE transaction. One blogger has even gone so far as posting information about how to track company changes (layoffs) through LinkedIn.

To get the latest updates, I had a chance last week to speak to former SunGard HIgher Education colleagues Michelle Reed, Senior Vice President & Chie...

Death Threats? Please, Just Unsubscribe

I know we all get a lot of email. Like most people I know, I delete more mail than I open and read. When I do not want to be contacted, I "unsubscribe" from mailing lists. At edu1world, we use iContact to manage our newsletter and contact lists. This is the best and safest way for us to know for sure that we follow your wishes as well as the law.

When members sign up for edu1world, our terms of use indicate that we will send newsletters and i...

edu1world Seeks Community Feedback

Since 2008, edu1world is the largest online community of higher education administration technology professionals.  As we approach our 4th anniversary, we continue to ask the global community for feedback and information to help us serve you best.

University blogs are now available using the same HiveSocial Now SaaS software that we use on edu1world.  Vendors are also able to establish user communities and topical networks including communities...

Datatel Said to Seek $1.2 Billion in Loans for SunGard Deal

Datatel Said to Seek $1.2 Billion in Loans for SunGard Deal

Datatel Inc., the software company owned by Hellman & Freidman LLC, is seeking $1.195 billion in loans to finance its acquisition of SunGard Higher Education, according to a person with knowledge of the transaction.

Bank of America Corp., Barclays Plc, Citigroup Inc., Credit Suisse Group AG and JPMorgan Chase & Co. are arranging the financing for the Fairfax, Vir...
avatar's Benioff Rips Oracle, Microsoft, Again's Benioff Rips Oracle, Microsoft, Again CEO Marc Benioff reels off the numerous reasons why he doesn't care for Oracle, which he views as still just a big database maker, and Microsoft, which he called irrelevant.

NEW YORK — If there was a theme for (NYSE:CRM) CEO Marc Benioff's question and answer session at Cloudforce here Nov. 30, it was how to run an enterprise software business that is vastly...

Is Blackboard Security an Issue?

According to a blog posted today, "millions of student exams, tests and data exposed".
Darren Pauli writes that Blackboard's Learn product contains "holes that allow students to change grades and download unpublished exams whilst allowing criminals to steal personal information".  The blog, published in Australia, reports that Blackboard initially ignored customer complaints before releasing a statement.

While the blog was published last nig...

Financial Investigator Slams Blackboard

In an article published on Monday, the Financial Investigator is very critical of "Mr. Chasen's Two Companies".

The author indicates that the Blackboard is made up of the company that "is" and the company that the external world sees.  Reportedly, Michael Chasen will walk away with a $30 million dollar "nest egg" if the acquisition goes through.

Among other things, the blog accuses the software maker of potential improper actions with fede...

The University of Puget Sound Completes Negotiations with Oracle and MIS

The University of Puget Sound has finalized contracts with Oracle and MIS.  Replacing SunGard Banner HR and Finance and a homegrown student information system, The University of Puget Sound will begin implementing Oracle's PeopleSoft solutions next month.

The University of Puget Sound considered many options. 

I had the pleasure of working with the team to negotiate agreements with their selected vendors.  The team at the university met e...

Blackboard Acquisition - Analysis of License Numbers

Analysis of public license data indicates loss of at least 150 LMS clients per year

Update:  Reposted due to display problems on site.

In part 1 of my posts on the Blackboard acquisition, I laid out the key facts and assumptions - what we know and what we think we know.  In part 2, I argued that Blackboard is picking up only a negligible amount of new Learn clients.  In this post, I present the case that Blackboard is losing hundreds of LMS customers each year based on publicly-available license data and third-party analysis . . .


Blackboard Acquisition Likely to be Announced Tomorrow

According to Reuters, a deal is likely to be announced tomorrow.  Sources close to the company report that debt financing is being provided by Bank of America Merrill Lynch, Morgan Stanley and Deutsche Bank. 

While it seems certain that Blackboard will be acquired by Providence Equity Partners, the implications for customers are not as clear.

Providence Equity Partners is an investor in a number of high technology firms providing solutions to the education market.  An acquisition by Providence Equity Partners could implicate a change in direction for several key administration solution providers including SunGard Higher Education and others.

We'll keep you posted!