QUOTE AND NEWS
Insurance Journal  Apr 13  Comment 
A new study published in the Journal of the American Medical Association (JAMA) adds to a growing body of recent research supporting the use of spinal manipulative therapy (SMT) as a first line treatment for acute low back pain, according to...
The Hindu Business Line  Mar 21  Comment 
Krishna yarlagadda, a serial entrepreneur based out of San Francisco, has joined the board of directors of Smartron, the Hyderabad-based smart technologies products firm. “As a strategic advisor, Kr...
The Hindu Business Line  Mar 21  Comment 
Automotive World  Feb 14  Comment 
BY PAUL GOODMAKER. The Castrol Automotive Trade Barometer offers predictions for the future of the automotive industry, but new technology could impact trade patterns at the more established and technologically advanced countries The post...
Insurance Journal  Feb 3  Comment 
With “smart” building becoming the gold standard in today’s commercial construction world, builders, building owners, workers and insurers are dealing with new technologies and risks. These smart technologies — from high tech gadgets aimed...
The Economic Times  Dec 8  Comment 
As part of the deal, Samara Capital's managing director Gautam Gode and vice president Abhishek Kabra will come on SMT's board.
The Economic Times  Nov 23  Comment 
The company will test the quality, safety and efficacy of 86 variations of Supraflex stents against their Xience equivalents between now and 2018.
Reuters  Nov 3  Comment 
ASML Holding NV, a key supplier to computer chip makers, said on Thursday it would buy a quarter stake in optics company Carl Zeiss's SMT subsidiary for 1 billion euros ($1.1...
The Hindu Business Line  Sep 30  Comment 
Indian Medical devices company Sahajanand Medical Technologies (SMT) today said it is establishing its European headquarters in Ireland, which will have a state-of-the-art Research & Development ...
Forbes  Sep 26  Comment 
Whether smart technologies can be used to increase the playing performance of the San Diego Padres remains to be seen, but in sport it is always the margins that count.
Reuters  Aug 26  Comment 
* Not to refer anticipated acquisition by Hon Hai Precision Industry Co. Ltd of Smart Technologies Inc to a phase 2 investigation Source text for Eikon:




 
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SMART Technologies (SMT) (NASDAQ:SMT) designs interactive technology products, and its leading product is the SMART board for the education sector. It produced the first interactive white board in the world and has sold over 1.6 million worldwide. [1]

Hardware and software technology spending in the education sector has grown. Gartner, a market research firm, has estimated that spending in this sector will grow from $16.5 billion in 2009 to $18.6 billion in 2012. Futuresource consulting, a market research firm, estimates the market for interactive whiteboards to be $1.1 billion in 2009 and grow to $1.8 billion in 2012, a 19.5% CAGR. [1]

The company's initial public offering of stock filed on the NASDAQ with an initial price range of $16.00 - $18.00. The company plans to raise $600 million by offering 35.5 million shares. [1]

For the FY2009 with year ended 31 March 2010, the company had $648.0 million in revenue, up 38.4% from $468.2 million in revenue for FY2008. Furthermore, the company had $142.0 million in net income for FY2009, an increase from a net loss of $106.6 million for FY2008. [1]

References

  1. 1.0 1.1 1.2 1.3 SMART Technologies
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