Tag Archives: Jay Bhatt

Progress Software, Amid Shift to Cloud, Names 4th CEO in Seven Years

Progress Software, one of the largest and oldest software firms in Massachusetts, has once again changed CEOs. The Bedford, MA-based company (NASDAQ: PRGS) said Monday that CEO Phil Pead will retire, and Yogesh Gupta will become chief executive and join the company’s board. Pead will remain a board member. Gupta previously was president and CEO […]

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As Book Prices Drop, Big Publishers Push Into Software and Edtech

Don’t look now, but textbook publishers are trying to become software companies. And tech startups are trying to outmaneuver these giants to win the future of educational content and tools. It’s one of the big trends in edtech and digital media. Indeed, digital publishing has “fundamentally changed every aspect of what we are doing with […]

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Xconomy Boston’s Top Stories of Q2 2014: Editor’s Picks

Here are my picks for our top local stories of the past quarter (April-June), and why. Not a ranked list, just in reverse chronological order: 1. MA Warns Ride-Sharing, Car-Sharing Drivers of Insurance Risks Could something as boring as insurance derail Uber? 2. Katrine Bosley, Former Avila CEO, Takes Helm at Editas Cutting-edge genomics company, […]

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Blackboard CEO Jay Bhatt on the Global Future of Edtech

What does the head of one of the world’s biggest edtech companies, Blackboard, think about the future of education? First, you should know a little about his background. Jay Bhatt was a middle-school math teacher in the early ‘90s, teaching sixth-graders in Richmond, CA. He went on to work as an investment banker, specializing in […]

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Blackboard Buys Austin Edtech Startup MyEdu for Student Profiles

MyEdu, an Austin, TX-based edtech firm, was purchased by education software giant Blackboard Wednesday. Terms of the deal were not disclosed. Founded in 2009, MyEdu makes a free online platform where students can create profiles that highlight their coursework, job experience, and skills, such as languages or participation in mock trials, in Pinterest-like boxes. Employers […]

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Qualcomm, uTest, Progress, & Others Inking Boston Deals This Week

Acquisitions and big venture financings made up the deals news for New England-area software and IT companies in the past week. —Retroficiency, a Boston-based maker of energy efficiency software, raised $3.3 million in a funding round from Point Judith Capital and acquired the energy efficiency division of one of the venture firm’s other portfolio companies, […]

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Progress Software, Led by New CEO, Buys Corticon

Some interesting news from the business software world today. Bedford, MA-based Progress Software has acquired decision management firm Corticon of Redwood City, CA. Terms of the deal weren’t announced, but the companies said Corticon’s business rules engine will be integrated into Progress’s responsive process management software package. Mark Allen, the founder and CEO of Corticon, […]

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