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Blackbird boosted by new business win in edu-tech

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Blackbird PLC (LON:BIRD) shares traded higher in Thursday’s early deals as it was selected by Australia headquartered educational technology group Typsy, which will use the AIM-quoted firm’s cloud-based video editing platform via a three year agreement.

Typsy is described as a market leader for e-learning content for the global hospitality industry, and, it is responding to a surge in demand in its industry.

“We’ve seen an exponential increase in demand for online hospitality training over the past few months,” said Jonathan Plowright, Typsy chief executive. “As a result, we were in need of a service that not only provided top-quality production but could ensure we kept up with demand for new, industry standard course content.

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“We’re excited to be working with Blackbird, where speed and access to media are critical in reducing post-production times and removing technical overheads and file movements.

“The platform will enable Typsy editors, from Australia to Belgium, to access the new content, create new courses and publish them to our platform in a timely manner.”

Ian McDonough, Blackbird chief executive, added: “Typsy’s globally distributed production teams are collaborating using our professional toolsets centrally and editing, enriching and publishing innovative, high quality finished content from wherever they are.

“From our perspective, e-learning and corporate communications video content are high growth verticals and ones for which Blackbird is a strong and effective solution.”

In London, Blackbird shares moved around 3% in early deals.

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