Promethean World

Promethean World
Public
Traded as LSE: PRW
Industry Education
Founded March 1997 (1997-03)
Headquarters Blackburn, Lancashire
Key people
Simon Leung, Chairman, Vin Riera CEO
Products ClassFlow, ActivPanel, ActivBoard, ActivExpression, ActivInspire
Revenue £205.1 million (2009)[1]
£29.5 million (2009)[1]
£12.2 million (2009)[1]
Number of employees
650
Website www.prometheanworld.com

Promethean World Ltd is a global education company, that develops, integrates and implements learning environments. The company has headquarters in Blackburn, Lancashire, and in Atlanta, United States. It was listed on the London Stock Exchange, and was a constituent of the FTSE SmallCap Index until it was acquired by NetDragon in September 2015.

History

Tony Cann[2][3] founded Promethean in Blackburn, Lancashire in 1996. 1997 saw the launch of PandA software, the forerunner to Activstudio and Activprimary, a range of software for use in company presentations and meetings. Promethean initially used interactive whiteboards (branded as Quora) from the USA, before designing and building their own from the Blackburn facility. Tony Cann was replaced by Graham Howe as chairman in July 2005.[4] James Marshall became CEO in September 2012, replacing Jean-Yves Charlier.[5] 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.[6] In September 2015, Promethean acquired touch and gesture technology from Light Blue Optics for an undisclosed sum.[7]

Offices

Promethean has offices in Blackburn (United Kingdom), and regional offices in Atlanta, United States, Paris, France, China, Singapore & Bahrain. Promethean's main manufacturing unit is based in Shenzhen (China), and the company has product distribution facilities, in both Europe and the United States.

References

  1. 1 2 3 Promethean World: Financials
  2. Supergroup and Promethean World in £400m listings bonanza Daily Mail, 12 March 2010
  3. Promethean World Said to Offer 224 Million-Pound IPO Bloomberg, 1 March 2010
  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. "NetDragon agrees to buy Promethean World". Education Investor. 13 July 2015.
  7. "Acuity sale of Light Blue Optics interactive touchscreen display". Acuity. 2015-11-17. Retrieved 2016-06-11.
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