Boxlight Corporation Announces Acquisition of Mimio

Expands opportunity for growth and extends leadership position across K-12 market with innovative and proven solutions

Mar 01, 2016, 10:04 ET from BOXLIGHT

LAWRENCEVILLE, Ga., March 1, 2016 /PRNewswire/ -- Boxlight Corporation, a leading interactive classroom technology manufacturer and K-12 education solutions provider, announced that it has acquired Mimio, one of the world's leading providers of interactive teaching technologies.

Boxlight's innovative classroom solutions are a resource for such districts as Round Rock (Texas) Independent School District, Department of Defense Schools worldwide, Atlanta (Ga.) Public Schools plus Fort Worth and Dallas Independent School Districts. The combination of Boxlight and Mimio will empower a greater number of K-12 education technology partners with an expansive selection of premier classroom technology solutions from two of the most respected names in the industry.

"The benefits of the Mimio acquisition are two-fold," said Mark Elliott, CEO of Boxlight Corporation. "It brings a comprehensive lineup of award-winning, proven educational solutions to meet the instructional needs of K-12 districts, schools and students. It also helps Boxlight Corporation take another step forward in its journey to become the single, worldwide education technology solution provider."

Through the purchase of Mimio, Boxlight Corporation will be able to provide the best in both interactive hardware and software solutions. By combining Boxlight's manufacturing of patented, award-winning interactive classroom technology and Mimio's advanced line of classroom hardware and software solutions, Boxlight will have the most complete line of progressive, integrated, classroom technologies available on the market today. Both companies provide a wide range of technology solutions, but the union will also extend the complementary hardware, software and resources with the offering of the best-in-class 24/7/365 U.S.-based service and technical support that is synonymous with Boxlight.

Elliott continued, "This investment represents an important strategic opportunity to offer the best and most attractive product portfolio in the education technology industry and to be the single source for fully integrated classroom solutions in the United States and worldwide. It also incorporates an incredibly talented team of executives with decades of experience and resources from both companies."

Mimio President Christopher Leonardo added, "We are excited about what this acquisition enables us to bring to today's education market: a combined passion for learning and a powerful integrated solution of hardware and software that is unmatched. But even more inspiring is where this will take classroom educators and their students in the years ahead."

Boxlight, founded in 1985 by Herb and Sloan Myers, quickly became the leader in presentation technology, climbing Inc. 500 lists and becoming synonymous with projection and displays among business, government and education verticals up until the 2000's. In 2009, when Myers retired, couple Hank and Sunshine Nance took over U.S. and worldwide operations based outside of Seattle, Washington, growing Boxlight year over year and focusing the company on the education industry. Hank Nance serves as Boxlight president and COO while Sunshine Nance serves as the vice president of marketing and communications.

Mimio was founded in 1997 by the way of five creative-thinker students at MIT. Originally known as Virtual Ink, founders Yonald Chery, Manuel Perez, William Moyne, Matt Verminski and Andrew Kelley III saw that students were so busy taking notes they weren't able to pay attention to the actual class. They believed there had to be a better way. By combining innovation and a passion for education, they created their flagship product, the ink capture system. That passion for creating leading-edge technologies that fuels learning has been integral to their mission from day one.

About Boxlight
Boxlight has been developing and manufacturing award winning projectors and interactive technology since its inception in 1985. The company takes pride in offering industry leading technical support and ISF Certified® service available 24 hours / 7 days per week / 365 days per year – for the lifetime of the product.

Boxlight's ability to respond to customer needs allows for personalized service and an unbeatable relationship with dealers and partners. Boxlight is able to build products to specification or customize product on an individual basis.

Boxlight operations encompass sales in the United States and worldwide. Headquarters are located in Lawrenceville, Georgia with offices in Belfair, Washington, Mexico City, Taiwan and China. Boxlight products and services are available on-line at www.boxlight.com or by calling 360.464.2119.

About Mimio
Mimio is a global leader in interactive teaching technologies that offer a better way to learn and an empowering way to teach. For more than 19 years, Mimio has created award-winning, innovative, and affordable hardware and software that increase teacher effectiveness and student engagement in K-12 classrooms. For more information, visit www.mimio.com.

Media Contact:
Sunshine Nance
360.464.2119 x254
sunshine.nance@boxlight.com 

 

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