Item 2.02 Results of Operations and Financial Condition.
On October 29, 2008, Blackboard Inc. issued a press release reporting its financial results for the quarter ended September 30, 2008. A copy of the press release is furnished hereto as Exhibit 99.1.
The information contained in this Current Report shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits. Exhibit 99.1 Press Release dated October 29, 2008.

---