Promethean

Promethean operates as a global education technology company, focusing on the development and provision of interactive displays and teaching software. The firm was established in 1996 in Blackburn, England, by Tony Cann, who was driven by a passion to improve educational outcomes for children. Initially, the company sold interactive whiteboards manufactured by a U.S. firm before developing its own hardware.

A significant milestone in the company's history was its initial public offering on the London Stock Exchange in March 2010. In July 2015, Promethean was acquired by NetDragon Websoft, a Chinese video game company. Following the acquisition, in September 2015, the company acquired touch and gesture technology from Light Blue Optics. More recently, in November 2022, Promethean acquired the online digital whiteboard platform, Explain Everything. The company is now a subsidiary of Mynd.ai, Inc., listed on the NYSE American (MYND), with dual headquarters in Seattle, Washington, and offices in Atlanta and Blackburn.

The core of Promethean's business is centered on its award-winning ActivPanel, an interactive display, and its suite of lesson delivery software. The business model involves the sale of this hardware and associated software solutions to the education sector, serving K-12 schools, higher education institutions, and also expanding into corporate and government training environments. Revenue is generated from the sale of these physical products, with software like ActivInspire and ClassFlow often bundled without requiring a separate subscription. The company serves a global market, with its products used in 126 countries.

Promethean's flagship product, the ActivPanel, is an interactive flat-panel display that comes in various series, such as the ActivPanel 9, ActivPanel 10, and the ActivPanel LX. These panels feature 4K displays, Vellum touch technology for a natural writing experience, and connectivity options like USB-C. The panels are designed to be intuitive, allowing teachers to sign in securely and access content from cloud platforms. Complementing the hardware is a suite of software including ActivInspire, a desktop application for lesson creation, and Explain Everything, a cloud-based platform for creating and delivering lessons. The company also provides modular computing options, such as the Google EDLA-certified OPS-A module, which integrates the Google Play Store and its apps directly onto the panel. This integrated system of hardware and software aims to create more engaging and collaborative learning environments for students and professional settings.

Keywords: interactive displays, education technology, classroom technology, ActivPanel, lesson delivery software, interactive whiteboards, K-12 education, higher education, corporate training, digital collaboration, edtech, Promethean ActivInspire, Explain Everything, NetDragon subsidiary, interactive learning, classroom solutions, Vellum touch technology, educational hardware, professional development tools, school technology