Higher One: Blackboard affiliate completes acquisition of Higher One Holdings -- 11:44:21(CDT)8-04-2016

Washington, Aug. 4, 2016 -- Blackboard Inc., the world's leading education technology company for teaching, learning and student engagement, today announced that an affiliate of the company has successfully completed its acquisition of Higher One Holdings, Inc. (NYSE: ONE). The acquisition will allow for collaboration between CASHNet, the market software leader in secure online payment of tuition and fees, and the Blackboard Transact business line.