BOXING DAY: Boxlight Corporation, a publicly-traded company that offers interactive displays and hardware technology for the education market, has acquired a K-12 consulting and professional development firm, EOS Education. The transaction was made with 100,000 shares of Boxlight common stock, which at the time of writing is trading at $3.12 a piece. (That would value the deal at roughly $300,000.)
EOS, based in Phoenix, will continue operations as a subsidiary of Boxlight. With the acquisition, Boxlight expects that its professional services division will make up as much as 10 percent of the company’s overall revenues, according to a press release.
The transaction marks Boxlight’s third acquisition of 2018, following its purchase of classroom-response system Qwizdom and Cohuburate, a classroom hardware technology developer.
