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| BBBB > SEC Filings for BBBB > Form 8-K on 14-Jul-2009 | All Recent SEC Filings |
14-Jul-2009
Other Events, Financial Statements and Exhibits
On July 14, 2009, Blackboard Inc (the "Company") announced that it acquired the business assets of Terriblyclever Design, LLC, a provider of mobile software applications for the education industry. The purchase price of the transaction was $3,500,000 in cash, plus up to $500,000 in contingent payments, subject to certain adjustments.
On July 14, 2009, the Company issued a press release announcing the asset acquisition. A copy of the press release is furnished hereto as Exhibit 99.1.
The information contained in this Item 8.01 and Exhibit 99.1 is being furnished, not filed. Accordingly, the information in this Item 8.01 and Exhibit 99.1 shall not be incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Exhibit 99.1 Press Release dated July 14, 2009 reporting acquisition of the business assets of Terriblyclever Design, LLC.
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