QUOTE AND NEWS
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:
WA Business News  Aug 4  Comment 
In a world dominated by connected, or ‘smart’, technologies, it is not enough to create customer experiences; retailers need to create smart customer experiences.
Reuters  May 26  Comment 
* Smart enters into arrangement agreement with Foxconn Technology Group
Forbes  Apr 22  Comment 
The smartest city in America is finally getting the smartest high-rise building in the country?and with the posh concierge luxuries of a St. Regis hotel to boot.




 
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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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