Smart Technologies facts for kids
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| Unlimited liability corporation | |
| Industry | Computer technology Computer software |
| Founded | 1987 |
| Founder | David Martin Nancy Knowlton |
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Area served
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Worldwide |
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Key people
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Nicholas Svensson (CEO) |
| Products | Interactive whiteboards |
| Revenue | US$492.9 million (FY2015) |
| US$24.1 million (FY2015) | |
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Number of employees
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795 |
| Parent | Foxconn |
Smart Technologies is a Canadian company. It is based in Calgary, Alberta, Canada. This company is now part of Foxconn. Smart Technologies started in 1987. It is famous for making interactive whiteboards. These are called "Smart Boards". Many schools and businesses use them.
Contents
The Story of Smart Technologies
How Smart Technologies Began
Smart Technologies was started in 1987. A husband and wife, David Martin and Nancy Knowlton, created the company.
Creating the Smart Board
In 1991, Smart Technologies made its first interactive whiteboard. This was the very first "Smart Board".
In 2003, the company created a special technology. It was called DViT (Digital Vision Touch). This technology helped the Smart Board work even better. It made the touch screen more accurate.
Growth and Changes
By 2011, Smart Boards were very popular. They were the top interactive whiteboards in the world. They had a 63% share in the United States. Globally, they had a 47% share. At that time, about 1,700 people worked for Smart Technologies.
In 2012, the company made some changes. David Martin and Nancy Knowlton, the founders, left their main roles. The company also had to reduce its number of employees. This was to help the company save money.
Becoming Part of Foxconn
In 2016, a big company called Foxconn bought Smart Technologies Inc. Foxconn paid $200 million for the company. Smart Technologies is now a part of Foxconn.
