RW Thrive Acquires BirdBrain Technologies to Enhance STEM Education
TL;DR
The acquisition of BirdBrain Technologies by RW Thrive expands their market offerings in STEM education, providing a competitive advantage in the educational robotics market.
The acquisition will combine BirdBrain Technologies' robotics expertise with RW Thrive's educational expertise to create more effective learning experiences for students and teachers.
The combined companies will have a wider reach and deeper connection with the STEM, robotics, and Computer Science communities, better serving educators and inspiring more students to pursue careers in STEM.
BirdBrain Technologies, founded in 2010 by Dr. Tom Lauwers, has a rich history of supporting STEM education at all levels, making them a trusted partner for STEM and Computer Science educators worldwide.
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RW Thrive, the employee-owned holding company behind Realityworks, has announced the acquisition of BirdBrain Technologies LLC., a leading manufacturer of high-performance robotics components and kits. This strategic move will expand RW Thrive's footprint in the educational robotics market and bolster its commitment to empowering students to explore, innovate, and compete in the rapidly evolving world of robotics.
"We are thrilled to welcome BirdBrain Technologies to the RW Thrive family," said Timm Boettcher, CEO of RW Thrive. "Their dedication to quality, performance, and community aligns perfectly with our mission to provide students with the resources they need to succeed in Career Technology Education and STEM fields."
Founded in 2010 by Dr. Tom Lauwers, BirdBrain Technologies has a rich history of supporting STEM education at all levels. The company has become a trusted partner for STEM and Computer Science educators worldwide, thanks to its innovative product lines and strong commitment to educational resources.
"Joining RW Thrive presents a tremendous opportunity to amplify our work towards our mission while sustaining the impact we have worked so hard to make," said Dr. Tom Lauwers, founder of BirdBrain Technologies. "We share RW Thrive's passion for education and specifically STEM and Computer Science education. Together, we can reach more students and inspire them to pursue careers in STEM."
The acquisition will benefit both companies in several ways:
Expanding product offerings: The addition of BirdBrain Technologies will enhance RW Thrive's market offerings in STEM education.
Enhancing educational impact: Combining BirdBrain Technologies' robotics expertise with RW Thrive's educational expertise will create more effective learning experiences for students and teachers.
Strengthening community support: The combined companies will have a wider reach and deeper connection with the STEM, robotics, and Computer Science communities, allowing them to better serve educators in the future.
RW Thrive is committed to maintaining the BirdBrain Technologies brand and its core values. The company aims to leverage this acquisition to create a richer, more comprehensive educational experience for students and educators alike.
Taureau Group, LLC served as the investment banking advisor and DeWitt LLP served as legal counsel for RW Thrive on the transaction. Kams Law Group LLC served as legal counsel for BirdBrain Technologies LLC.
For more information about the companies, visit RW Thrive and BirdBrain Technologies.
Curated from 24-7 Press Release
