asknet Solutions and leading EdTech company Blackboard form partnership for German-speaking academic markets

November 18, 2020

November 18, 2020, Karlsruhe – asknet Solutions AG, an established procurement, e-commerce and payment specialist with a dominant position in the German-speaking academic market, has signed a partnership agreement with a leading EdTech company, Blackboard Inc., making asknet a strategic partner for reselling Blackboard's leading software and services in the German-speaking DACH region (Germany, Austria and Switzerland). Blackboard provides products and services which support learners on their lifelong journey.

“We are delighted to enter into this new partnership with asknet to support our customers in the DACH region. We've been developing this relationship for some time now and we are more than convinced that asknet's expertise in the German higher-education landscape coupled with Blackboard's ecosystem of innovative solutions specifically designed to support teaching and learning at schools and universities will create great synergies. Through this partnership, we aim to accelerate and increase our footprint in the region,” says Oleg Figlin, Vice President for Europe at Blackboard.

The partnership is yet another step in implementing asknet's new focus on the EdTech sector. Here, the pandemic has unsparingly exposed the digital deficits, not least of which in the e-learning area. Blackboard's leading solutions and the new partnership perfectly address this dynamic, meeting the ever-increasing needs of academic institutions. Blackboard's EdTech ecosystem includes a flexible learning and teaching platform to provide academic institutions with a uniquely integrated experience across a broad array of capabilities, all aimed at driving student success. In addition, Blackboard's solutions have a very good connectivity to existing learning platforms that are currently in use, but may no longer meet the requirements in terms of employed technology, scalability and usability.

In order to effectively unlock the potential of the partnership and to translate it into a profitable business case with significant revenues, asknet will invest in financial and personnel resources and will assign a sales representative dedicated exclusively to the implementation and expansion of this project.

“Based on our very close and long-standing relationships with our partners at the academic institutions across the German-speaking markets, we had very good discussions with Blackboard from the start. Now, we look forward to driving together the digital transformation, helping universities and other higher-education institutions to cope with the challenges to the traditional education model by enhancing learning processes and institutional efficiency in the current fast changing environment,” comments Christian Herkel, CEO of asknet Solutions AG.

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About asknet Solutions AG
asknet Solutions AG is a leading procurement, e-commerce and payment specialist. The company offers software procurement and sales services for European academic institutions, students and alumni. The procurement portals offered by asknet are used by more than 80% of German colleges and universities. Headquartered in Karlsruhe (Germany), asknet solutions AG is listed on the Frankfurt Stock Exchange (Ticker: ASKN; ISIN: DE000A2E3707).

Contact
Magda Gajny
+49(0)721/96458-6116
investors@asknet.com