Dec 15, 2009 4:37 PM
A little earlier today, we sent the following e-mail to all of our clients:
We just issued a press release that I'm sure will interest you.
We're delighted to announce this news of a resolution to all litigation between Blackboard Inc. and Desire2Learn Incorporated and its subsidiary D2L Ltd. This is in the best interest of our clients, the educational community and ourselves as we continue to serve you.
After several years of litigation, it's now time to concentrate on what we do best: software and services that help you in your mission of teaching and learning.
We've been encouraged by the support we've received throughout the past few years, from friends, strangers, partners, and the market in general. But none can match the support we've received from you, our clients, who have stood by us at every juncture. I'm also thankful for our awesome staff who have stayed focused on delivering on their objectives and have shown incredible resolve and innovation. The strongest steel is forged in the hottest of fires.
Our mission has never changed: To improve human potential globally by providing the most innovative technology for teaching and learning. Our vision has remained, as well, to be the global leader in providing eLearning solutions to help you, our clients, achieve your vision of transforming education.
We're truly appreciative of the ongoing support that you have provided throughout this process. We remain committed to collaborating with you, and know this agreement will enable us to continue to place you and education first and foremost.
We're financially strong and remain an independent company. We are increasing our efforts to offer new and innovative product releases and services to enhance learning and reduce the barriers to education for all. We are already excited about the upcoming launch of version 9.0 of our Learning Environment.
Consistent with our mission and vision, it's time for us to put the past behind us, and look to the future. As a result, we'll be taking down our patent blog tomorrow.
As is standard, the terms of the settlement are confidential. If, however, you have questions, please contact Diane Lank (Diane.Lank@Desire2Learn.com), our General Counsel, or myself.
With warm wishes for this holiday season, and to an even better 2010 and beyond, I thank you for your tremendous support.
President and CEO