Edmark - History

History

Edmark was incorporated in 1970, they began developing software in 1992. Edmark was listed on NASDAQ. Their audience was children between the ages of 2 and 16 years. Edmark had more than 65 industry design awards.

In 1989, Sally G. Narodick and W. Hunter Simpson became directors. Narodick became the CEO in October 1989. Edmark hired former teacher Donna Stanger as vice-president of product development in October 1991. In 1992, Edmark released Millie's Math House and KidDesk. Sally Narodick resigned as CEO in September citing the stress, and Donna Stanger became the CEO Edmark was acquired by IBM on November 13, 1996 for $102.3 million ($15.50 per share for two-thirds of Edmark's shares) to expand its presence in home software. In September 2000, it was sold to Riverdeep.

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