Startups
Acquisitions / Education

Blackboard acquires POS provider Sequoia Retail Systems

“It just made sense,” David Marr, SVP of Blackboard Transact, said in a statement.

D.C. edtech giant Blackboard has been on an acquisition spree. (Photo by Flickr user David Foggo, used under a Creative Commons license)

Blackboard wants a bigger share of your college experience.
The D.C.-based edtech giant announced Tuesday the acquisition of higher ed-focused point-of-sale (POS) company Sequoia Retail Systems. The terms of the deal were not disclosed.


What Blackboard did disclose is the company’s belief that the acquisition of the Mountain View, Calif.-based Sequoia, a longtime partner, will augment Blackboard Transact’s “cashless campus” offering.
“Together, we are an elegant fit in that we take pride in how we serve our clients, care for students and hold ourselves accountable,” David Marr, senior vice president of Blackboard Transact, wrote in a blog post.
A press release on the acquisition takes care to note that the deal will not change Blackboard’s arrangements with other POS providers: “Blackboard Transact is committed to providing educational institutions with a choice of multiple integrated technologies, creating a vibrant ecosystem to support their varied and growing needs.”
Blackboard recently relocated its global HQ, moving back to the company’s original offices at 1111 19th St. NW.

Companies: Blackboard

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

DMV coworking guide: 20 places to work, with company

5 local orgs with services and resources for startups and entrepreneurs

How 3 local orgs help founders and entrepreneurs build their networks

Cal Ripken Jr. essay: The MLB legend explains his drive to build STEM centers in schools across the nation

Technically Media