Promethean World

Last updated

Promethean World
Company type Subsidiary
Industry Education
FoundedMarch 1997;27 years ago (1997-03)
Headquarters Seattle, Washington
Key people
Simon Leung, Chairman
Vin Riera CEO
ProductsActivPanel, ActivInspire, Explain Everything
Number of employees
650
Website 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]

Contents

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. [4] 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]

Related Research Articles

<span class="mw-page-title-main">Microsoft</span> American multinational technology corporation

Microsoft Corporation is an American multinational corporation and technology company headquartered in Redmond, Washington. Microsoft's best-known software products are the Windows line of operating systems, the Microsoft 365 suite of productivity applications, and the Edge web browser. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue; and it was the world's largest software maker by revenue in 2022 according to Forbes Global 2000. It is considered one of the Big Five American information technology companies, alongside Alphabet, Amazon, Apple, and Meta.

Sierra Entertainment, Inc. was an American video game developer and publisher founded in 1979 by Ken and Roberta Williams. The company is known for pioneering the graphic adventure game genre, including the first such game, Mystery House. It is known for its graphical adventure game series King's Quest, Space Quest, Police Quest, Gabriel Knight, Leisure Suit Larry, and Quest for Glory, and as the original publisher of Valve's Half-Life series.

<span class="mw-page-title-main">Citrix Systems</span> American software company

Citrix Systems, Inc. is an American multinational cloud computing and virtualization technology company that provides server, application and desktop virtualization, networking, software as a service (SaaS), and cloud computing technologies. Citrix products were claimed to be in use by over 400,000 clients worldwide, including 99% of the Fortune 100, and 98% of the Fortune 500.

<span class="mw-page-title-main">Excite (web portal)</span> Internet portal

Excite is an American website operated by IAC that provides outsourced internet content such as a metasearch engine, with outsourced weather and news content on the main page. As of 2024, all of Excite's operations are controlled by services outside of the business.

<span class="mw-page-title-main">Russell Investments</span> Investment firm headquartered in Seattle, Washington

Russell Investments Group LLC is an American investment firm headquartered in Seattle, Washington.

Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.

<span class="mw-page-title-main">Sage Group</span> British multinational enterprise accounting software company

The Sage Group plc, commonly known as Sage, is a British multinational enterprise software company based in Newcastle upon Tyne, England. As of 2017, it is the UK's second largest technology company, the world's third-largest supplier of enterprise resource planning software, the largest supplier to small businesses, and has 6.1 million customers worldwide. It has offices in 23 countries. The company is a patron of The Glasshouse, Gateshead music venue in Gateshead.

Houghton Mifflin Harcourt is an American publisher of textbooks, instructional technology materials, assessments, and reference works. The company is based in the Boston Financial District. It was formerly known as Houghton Mifflin Company, but it changed its name following the 2007 acquisition of Harcourt Publishing. Prior to March 2010, it was a subsidiary of Education Media and Publishing Group Limited, an Irish-owned holding company registered in the Cayman Islands and formerly known as Riverdeep. In 2022, it was acquired by Veritas Capital, a New York-based private-equity firm.

<span class="mw-page-title-main">Egghead Software</span> Technology company based in Bellevue WA, USA

Egghead Software was an American computer software retailer. Founded in 1984, it filed for bankruptcy in 2001 and its domain name was acquired by Amazon.com.

CareerBuilder is an employment website founded in 1995 that operates in the United States, Canada, Europe, and Asia. In 2008, it had the largest market share among online employment websites in the United States, where it was founded. CareerBuilder provides labour market information, talent management software, and other recruitment related services. The company is majority-owned by Apollo Global Management.

<span class="mw-page-title-main">Acuity Brands</span> Industrial company

Acuity Brands, Inc. is a lighting and building management firm headquartered in Atlanta, Georgia, with operations throughout North America and in Europe and Asia. As of 2018 the company has approximately 13,000 employees and recorded net sales of $3.7 billion for the fiscal year. In terms of market share, Acuity Brands is the largest lighting manufacturer in North America.

SMART Technologies is a Canadian company headquartered in Calgary, Alberta, Canada and wholly owned by Foxconn. Founded in 1987, SMART is best known as the developer of interactive whiteboards branded as the "SMART Board" popularly used in education and business.

Atari, Inc. is an American subsidiary and publishing arm of Atari SA. Formed in 1993 as GT Interactive Software Corp., the video game publishing arm of GoodTimes Home Video, the company was subsequently majority acquired by Infogrames in 1999, and later renamed to Infogrames, Inc. As part of Infogrames's company-wide re-branding following its 2001 acquisition of Hasbro Interactive, which owned the rights to the Atari brand, Infogrames, Inc. became known as Atari, Inc. in May 2003. On October 11, 2008, Infogrames completed its acquisition of Atari, Inc., making it a wholly owned subsidiary.

Tableau Software, LLC is an American interactive data visualization software company focused on business intelligence. It was founded in 2003 in Mountain View, California, and is currently headquartered in Seattle, Washington. In 2019 the company was acquired by Salesforce for $15.7 billion. At the time, this was the largest acquisition by Salesforce since its foundation. It was later surpassed by Salesforce's acquisition of Slack.

Atari SA is a French video game holding company headquartered in Paris. Its subsidiaries include Atari Interactive and Atari, Inc. It is the current owner of the Atari brand through Atari Interactive.

Docusign American software company

Docusign, Inc. is an American company headquartered in San Francisco, California, that allows organizations to manage electronic agreements with electronic signatures on different devices. As of 2024, Docusign has about 1.5 million clients in 180 countries. Signatures processed by Docusign are compliant with the US ESIGN Act and the European Union's eIDAS regulation, including EU Advanced and EU, Qualified Signatures.

NetDragon Websoft is a Chinese company that develops and operates massively multiplayer online games in addition to making mobile applications. The company debuted its first product in 2002.

<span class="mw-page-title-main">Softcat</span>

Softcat is a Marlow-based IT infrastructure provider founded by Peter Kelly in 1993. The company is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Ve Global</span>

Ve Global ("Ve"), formerly Ve Interactive, was a technology company based in London which has about 400+ staff.

Veritas Technologies LLC. is an American international data management company headquartered in Santa Clara, California. The company has its origins in Tolerant Systems, founded in 1983 and later renamed Veritas Software. It specializes in storage management software including the first commercial journaling file system, VxFS, VxVM, VCS, the personal/small office backup software Backup Exec and the enterprise backup software, NetBackup. Veritas Record Now was an early CD recording software.

References

  1. "Promethean Opens New Global Headquarters in Seattle". www.prometheanworld.com. Retrieved 27 November 2017.
  2. Promethean World Said to Offer 224 Million-Pound IPO [ dead link ] Bloomberg, 1 March 2010
  3. "Latest interactive whiteboard from Blackburn company on sale". Lancashire Telegraph. 1 August 2016. Retrieved 13 October 2023.
  4. 1 2 "Losses narrow at Promethean World". Manchester Evening News. 27 February 2014. Retrieved 8 January 2014.
  5. "New CEO takes over at Promethean". EDucation Investor. 24 September 2012. Retrieved 8 January 2014.
  6. "Promethean World makes London Stock Exchange debut". Apax. 17 March 2010. Retrieved 13 October 2023.
  7. "NetDragon agrees to buy Promethean World". Education Investor. 13 July 2015.
  8. "Acuity sale of Light Blue Optics interactive touchscreen display". Acuity. 17 November 2015. Retrieved 11 June 2016.