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Blackboard 8-K 2009

Documents found in this filing:

  1. 8-K
  2. Ex-99.1
  3. Graphic
  4. Graphic
Blackboard Inc. (Form: 8-K)  

 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   December 14, 2009

Blackboard Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 000-50784 52-2081178
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
650 Massachusetts Ave NW, Washington, District of Columbia   20001
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   202-463-4860

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 8.01 Other Events.

On December 14, 2009, Blackboard Inc. and Desire2Learn Incorporated entered an agreement to license each other’s worldwide e-learning patent portfolios and settle all outstanding litigation between them. Under the terms of the Agreement, the companies will dismiss their pending litigation and Blackboard will receive an undisclosed settlement amount and future royalty.

The press release issued by the parties on December 15, 2009 is filed hereto as Exhibit 99.1.





Item 9.01 Financial Statements and Exhibits.

Exhibit 99.1 Press Release dated December 15, 2009.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    Blackboard Inc.
          
December 15, 2009   By:   /s/ Matthew Small
       
        Name: Matthew Small
        Title: Chief Legal Officer


Exhibit Index


     
Exhibit No.   Description

 
99.1
  Press Release dated December 15, 2009
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