"the expectation of private equity firms for earnings exceeds Blackboard’s 2010 earnings. A combination of higher prices for annual software licenses and reduction of staff and lower services will, in the short run, be needed to achieve this higher profitability."
However, I have to say the remainder of that same blog post leaves me a little cold, as it talks mostly about investment banking etc, not something that I can stay awake for for too long. Which may indeed be the point here. Is this move about profit or is it about education? Are these two things compatible? Or should we simply accept this as part of the new HE world order? Answers on a gold-leaf postcard please.