Blackboard Inc. and Desire2Learn Inc. will license each other’s worldwide e-learning patent portfolios. Under the terms of the agreement, the companies also will dismiss their pending litigation.
“We are pleased to have resolved our differences with Desire2Learn,” says Michael Chasen, president and CEO of Blackboard. “Bringing this matter to resolution is in the best interests of both of our organizations, our respective clients and the broader education community.”
“We’re pleased to enter this agreement, and believe it is in the best interests of the educational community,” says John Baker, president and CEO of Desire2Learn. “We will continue to focus our attention on our clients, as well as the development of our products and services.”