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Promethean Acquires Explain Everything to Continue Delivering Transformational Collaboration and Learning Experiences

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On November 28, 2022, Promethean announced the acquisition of Explain Everything, a leading digital whiteboard platform. This strategic acquisition aims to enhance Promethean's educational technology offerings by integrating Explain Everything's capabilities into its existing portfolio. The merger is expected to create innovative solutions that address teaching and collaboration needs globally. Promethean CEO Vin Riera stated that this partnership is part of their commitment to continuous innovation and improving interactive experiences for users.

Positive
  • Acquisition of Explain Everything enhances Promethean's product portfolio.
  • Integration of Explain Everything's platform expected to drive innovation in educational technology.
  • Collaboration aims to improve interactive learning experiences for customers.
Negative
  • None.

Strategic acquisition will provide rapid technology innovation to create new solutions that address teaching, learning, and collaboration needs

SEATTLE, Nov. 28, 2022  /PRNewswire/ -- Promethean®, a leading global education technology company, today announced it has acquired substantially all of the assets of Explain Everything, a leading digital whiteboard platform for creating engaging lessons, activities, and interactive presentations. The Explain Everything app provides users with an infinite canvas to draw, animate, create videos, and collaborate and is available on all mobile platforms. With the new acquisition, Promethean will merge the existing Explain Everything team and platform into its standing operations and portfolio.  

Promethean's award-winning technology solutions deliver a robust, seamless, and secure experience, with features that respond to educators' and workplace users' unique needs around the globe. Its comprehensive edtech solution also includes superior professional development and customer support.

Learning and collaboration are essential to progress in any field, and Promethean's mission is to transform them for the better. As education and the workplace evolve, Promethean is dedicated to bringing new product offerings, alliances, and partnerships to help our customers get the most from cutting-edge technology and ensure they're ready for what's next. The inclusion of Explain Everything's digital whiteboard platform into Promethean's product portfolio will build upon both companies' visions in edtech and beyond. 

"As technology evolves, Promethean continues to look to the future to provide the best solutions to transform learning experiences. Joining the Explain Everything team with ours is part of our commitment to continuously innovate and work towards providing a superior interactive experience from anywhere," said Vin Riera, chief executive officer at Promethean. "This exciting opportunity and new relationship for both companies will allow us to expand our already robust offerings to better serve customers' needs."

"We're thrilled to now be part of the Promethean team," said Reshan Richards, co-founder and chief executive officer at Explain Everything. "Explain Everything's mission to impact teaching and learning in all settings is in perfect alignment with Promethean's more than 25 years of education technology leadership. Together, we will continue to provide the most effective interactive learning tools for students and teachers around the world."

For more information on Promethean, visit PrometheanWorld.com.

About Promethean
Promethean is a leading education technology company working to transform the way the world learns and collaborates. From our founding in Blackburn, England, more than 25 years ago to our global operations in 22 countries today, we've continued to explore, innovate, and inspire —designing learning and collaboration tools that are built for breakthroughs. Our award-winning interactive display, ActivPanel, and lesson delivery software, ActivInspire and ClassFlow, were designed to engage students, connect colleagues, and bring out the brilliance in everyone. With headquarters in Seattle, Washington, and offices worldwide, Promethean is a member of the NetDragon Websoft Holdings Limited (HKSE: 0777) group of companies. Visit us at PrometheanWorld.com.

©2022 Promethean. All Rights Reserved. Promethean, the Promethean logo, ActivPanel, ActivSync, ActivInspire, ActivConnect, ActivSound, ClassFlow, and Vellum are trademarks or registered trademarks of Promethean Limited in the United Kingdom, United States, and other countries around the world. All other product and company names are trademarks or registered trademarks of their respective holders. Unless specifically identified as such, Promethean's use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between Promethean and the owners of these trademarks.

About Explain Everything
Explain Everything is a leading whiteboard platform designed to help teachers and students create and complete engaging lessons and assignments, video capture, and collaborate. With over 20 million downloads of its native applications worldwide, the software continues to be one of the top educational tools on both Apple and Google platforms and was recognized as one of the Apple App Store's Best of 2020 for Leading the Classroom.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/promethean-acquires-explain-everything-to-continue-delivering-transformational-collaboration-and-learning-experiences-301686634.html

SOURCE Promethean

FAQ

What is the recent acquisition by Promethean?

Promethean acquired Explain Everything, a digital whiteboard platform, on November 28, 2022.

How will the acquisition of Explain Everything impact Promethean?

The acquisition is expected to enhance Promethean's educational technology offerings and improve collaborative learning experiences.

What is the significance of the Explain Everything platform for Promethean?

Explain Everything provides an interactive space for creating lessons, which will complement Promethean's existing solutions.

When did Promethean announce the acquisition of Explain Everything?

Promethean announced the acquisition on November 28, 2022.

What are the future plans for Promethean after acquiring Explain Everything?

Promethean plans to integrate Explain Everything's capabilities to create innovative learning solutions and better serve educational needs.

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