Boxlight Corporation, a leading provider of interactive technology solutions for the global education market, announced it has completed the acquisition of Qwizdom, an education software company providing classroom presentation and engagement solutions. The combined emphasis on collaborative software that improves classroom learning results in a win-win partnership for both companies and for the collective customer base. Under the terms of the agreement, Boxlight acquired Qwizdom for cash, debt and common stock valued at approximately $2.5 million.

Founded in 1984 by a science teacher who wanted to improve “in the moment” learning, Qwizdom develops software and hardware solutions that are quick to implement and designed to increase participation, provide immediate data feedback, and, most importantly, accelerate and improve comprehension and learning. The company has offices outside Seattle WA and Belfast N. Ireland and delivers products in 44 languages to customers around the world through a network of partners. Over the last three years alone, over 80,000 licenses have been distributed for the company’s Oktopus interactive whiteboard software and Ximbus, Blend, and Actionpoint360 online solutions.

“We are thrilled to announce that Qwizdom has been acquired by Boxlight. Both companies share a commitment to delivering innovative, easy-to-implement, research-based software solutions, and our cultures and products align exceedingly well,” said Darin Beamish, chief executive officer, Qwizdom Inc. “We will continue to deliver world-class software solutions through our existing partners, and can meet partner and market needs faster by leveraging Boxlight’s considerable resources as a publicly traded company.”

Industry software veteran and Qwizdom CEO, Darin Beamish, will assume the additional role of vice president software development at Boxlight and manage the global comprehensive software product roadmap with the aim to advance comprehension and learning, and accelerate and improve student outcomes. Beamish will continue to enhance the Qwizdom software platform while also leading software development for the Mimio classroom solution suite.

“I want to welcome Darin, the Qwizdom team, respected partners and loyal customers,” said Mark Elliott, chief executive officer of Boxlight. “We admire the leadership team’s tremendous expertise and valued partner relationships and look forward to advancing Qwizdom’s software offerings. Our primary goal is to deliver incremental value while protecting the integrity of our collective assets. Our two companies share synergies and we are dedicated to focus on our expansion strategy of emerging as a global leader and provider of interactive technologies.”