Promethean World Explained

Promethean World
Logo Alt:Promethean Logo Text only
Type:Subsidiary
Industry:Education
Location:Seattle, Washington
Key People:Simon Leung, Chairman
Vin Riera CEO
Products:ActivPanel, ActivInspire, Explain Everything
Num Employees:650
Homepage:www.prometheanworld.com

Promethean World Ltd is a global education technologies company that makes digital whiteboards and other products. Founded in 1997, it was acquired in 2015 by NetDragon Websoft, a Chinese video game company. The company has headquarters in Seattle and offices in Atlanta and Blackburn, England.[1]

History

Tony Cann[2] founded Promethean in Blackburn in 1996 and the following year launched PandA software, the forerunner to the Activstudio and Activprimary software tools for company presentations and meetings. Promethean initially sold U.S.-made Quora interactive whiteboards, before designing and building their own at the Blackburn facility.[3]

Cann was replaced by Graham Howe as chairman in July 2005.[4] James Marshall became CEO in September 2012, replacing Jean-Yves Charlier.[5] The company was the subject of an initial public offering on the London Stock Exchange in March 2010.[6]

In May 2014, Graham Howe stood down as chairman, and was replaced by Philip Rowley. In July 2015, NetDragon announced that it had agreed to buy the company.[7] In September 2015, Promethean acquired touch and gesture technology from Light Blue Optics for an undisclosed sum.[8]

External links

Notes and References

  1. Web site: Promethean Opens New Global Headquarters in Seattle. www.prometheanworld.com. 2017-11-27.
  2. http://www.businessweek.com/news/2010-03-01/promethean-world-said-to-offer-224-million-pound-ipo-update1-.html Promethean World Said to Offer 224 Million-Pound IPO
  3. News: Latest interactive whiteboard from Blackburn company on sale. Lancashire Telegraph. 1 August 2016. 13 October 2023.
  4. Web site: Losses narrow at Promethean World . 27 February 2014 . Manchester Evening News . 8 January 2014.
  5. Web site: New CEO takes over at Promethean. 24 September 2012. EDucation Investor. 8 January 2014.
  6. Web site: Promethean World makes London Stock Exchange debut. 17 March 2010. Apax. 13 October 2023.
  7. Web site: NetDragon agrees to buy Promethean World . Education Investor . 13 July 2015.
  8. Web site: Acuity sale of Light Blue Optics interactive touchscreen display. 2015-11-17. Acuity. en-US. 2016-06-11.