Intel Capital first partnered with Canada-based Smart Technologies in 1992 and the interactive education products company is planning to list in North America.
Smart Technologies, a Canada-based maker of interactive education products with 48% of the global market, plans to float on the Nasdaq and Toronto stock exchanges. Smart’s flotation could raise up to $730.7m for shareholders and the company.
Apax Partners acquired 49.9% Smart Technologies in 2007 for an enterprise value of $889m. Intel Capital owns 25.05% having sold some shares to Apax after forming a strategic alliance with Smart in 1992.
Smart’s cofounders, David Martin and Nancy Knowlton together through…
