DGAP-News: asknet Solutions AG / Key word(s): Alliance/Agreement 
asknet Solutions and leading EdTech company Blackboard form partnership for 
German-speaking academic markets 
 
2020-11-18 / 17:14 
The issuer is solely responsible for the content of this announcement. 
 
*asknet Solutions and leading EdTech company Blackboard form partnership for 
German-speaking academic markets* 
 
_November 18, 2020, Karlsruhe - _asknet Solutions AG [1], 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. [2], 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. 
 
=------------ 
_asknet solutions AG - leading e-commerce solutions for academic 
institutions and the software industry for 25 years: what we have 
accomplished and what our customers think about us? Find out here: 
_https://asknet-solutions.com/25years/ [3] 
=------------ 
 
*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 
https://asknet-solutions.com/ [1] 
 
2020-11-18 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
The DGAP Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:    English 
Company:     asknet Solutions AG 
             Vincenz-Priessnitz-Str. 3 
             76131 Karlsruhe 
             Germany 
Phone:       +49 (0)721 / 964 58-0 
Fax:         +49 (0)721 / 964 58-99 
E-mail:      investors@asknet.com 
Internet:    asknet-solutions.com 
ISIN:        DE000A2E3707 
WKN:         A2E370 
Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt 
             (Basic Board), Munich, Stuttgart 
EQS News ID: 1149219 
 
End of News DGAP News Service 
 
1149219 2020-11-18 
 
 
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(END) Dow Jones Newswires

November 18, 2020 11:14 ET (16:14 GMT)