Buying an LMS

It’s been an interesting week for LMS providers. Instructure (the owner of Canvas – an LMS (Learning Management System)) just announced that it will be acquired by Thoma Bravo, LLC, a private investment firm for a cool $2 billion.

This news follows closely on the heels of Schoology being purchased by Powerschool (which is also held by a private investment firm).

Keep in mind that private investment firms are designed to do one thing (hint, it isn’t supporting student success). Apparently, there are some smart people who are expecting to make a lot of money from schools.

I’ve written before about Canvas. They were working hard to increase their market share so that they could then raise prices to make money. This seems to be a very real part of the economy right now, collect as many users as possible and somehow figure out how to make money later. This seems to be the plan for many, many companies, not just LMS providers in education.

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