Logotron Ltd returns to its roots
The Logotron management team has completed the purchase of Logotron Ltd
from Pearson Education for an undisclosed sum in what has become known as
a "sponsored spin-out" of the company. The new-look Logotron Ltd
began trading as Europe's largest privately held educational software publisher
on 2nd January and is enjoying the help of the former parent company in
the early months in terms of administrative and systems support.
After 11 years of growth within Pearson plc, Logotron returns to its
roots under the leadership of Julian Pixton and Gerry Daish who were original
members of the pre-Pearson team in the mid-1980s. The Logotron brand name
will continue to be synonymous with high quality software for learning;
and the professional data handling products in the Keypoint range will
be published under the new Cambridge Software Publishing imprint.
The opportunity for the Management Buy-Out arose following Pearson Education's
recent acquisition of substantial IT and software publishing activities
in the USA. "We all agreed that Logotron had more scope to flourish
successfully as an independent business, and the management team jumped
at the chance to make it happen!" said Julian Pixton, Chief Executive
of Logotron.
"We have received tremendous support and encouragement from all
our partners and suppliers, Pearson themselves, and of course our own
staff in Cambridge", added Pixton. "This will allow us to accelerate
the development of our ground-breaking educational technologies, based
around advanced research in the application of speech, animation and distributed,
adaptive learning networks."
So it's very much business as usual in the Logotron camp, although one
change that the industry may notice is Logotron's decision not to exhibit
at BETT this year. We took the decision to not attend the BETT exhibition
in June last year. Although no one believes us, it is completely disconnected
from the change of ownership of the company!
Gerry Daish, Head of Sales & Marketing explains, "We have been
putting a LOT of effort into increasing our personal contact with our
customers. Obviously this activity is expensive but, when compared to
the ever-increasing cost of BETT and its changing emphasis, it offers
improved value to both our customers and ourselves. We have a number of
more effective ways of talking specifically to OUR customers and, for
instance, we'll be meeting a much more focussed group of people at the
NAACE Conference in February."
Background Notes:-
Logotron Software Ltd formed in Cambridge in 1982. It has grown to be
one of the most respected and consistently successful publishers of creative
and constructivist educational software for schools. Logotron has consistently
been the UK's most innovative developer of educational software. With
strong research links with MIT and Stanford Universities in the US, and
Microsoft Research in Europe, Logotron is about to launch Imagine Logo, the
world's first educational tool with integrated adaptive speech technology,
tailored especially for network use.
See websites:-
http://www.logotron.co.uk
http://www.camsp.com
http://www.teacherlinc.com
http://www.teacherxpress.com
For further details please phone:-
01223 425558
Gerry Daish ext 702
Gareth Owen ext 729
David Payne ext 727
|