Blackboard Buys Mobile Messaging Company Saf-T-Net For $33 Million

Blackboard, a company that designs an education software for school groups, has acquired mobile messaging provider Saf-T-Net for $33 million. Saf-T-Net develops AlertNow, which is a mobile messaging technology aimed to the K-12 marketplace.

AlertNow’s technology delivers voice, e-mail and emergency SMS messages at a rate up to 2.5 million per hour to parents, students and school administrators.
(Link: Blackboard Buys Mobile Messaging Company Saf-T-Net For $33 Million)