that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . march 2015 learn how and when to remove this template message this article includes inline citations but they are not properly formatted . please improve this article by correcting them . september 2015 learn how and when to remove this template message rosetta stone inc. type public traded as nyse rst industry software development predecessor fairfield language technologies founded harrisonburg virginia usa 1992 headquarters arlington virginia usa area served worldwide key people john hass ceo tom pierno cfo products rosetta stone rosetta stone rosetta stone rosetta stone rosetta stone revenue 264.6 million 2013 operating income 18.4 million 2013 net income 16.1 million 2013 total assets 290.8 million 2013 total equity 131.2 million 2013 owner abs capital partners northwest equity partners number of employees 1 375 2014 website rosettastone.com rosetta stone inc. is a global education technology software company that develops language literacy and brain fitness software . best known for its rosetta stone language learning solutions products in 2013 the company expanded beyond language and deeper into education technology with its acquisitions of livemocha lexia learning fit brains and tell me more . 1 contents 1 history 1.1 ipo 1.2 offices 2 endangered language communities 3 support for the combating online infringement and counterfeits act 4 awards 5 references 6 external links history edit according to the company founder allen stoltzfus learned german through immersion while living in germany and found it relatively easy . in the 1980s stoltzfus began learning russian in a classroom setting but found the classroom setting much more difficult . he wanted to simulate the german experience and he decided to use computer technology to create a similar learning experience . he enlisted the aid of his brother in law dr. john fairfield who held a phd in computer science . by 1992 cd rom technology made the project possible . they formed a company known as fairfield language technologies in harrisonburg virginia . allen and john hired eugene stoltzfus allen s brother greg keim and michael silverman . they released their software product under the title the rosetta stone . in 2003 the company announced the hiring of tom adams a businessman with international experience as president and ceo . in 2006 the company changed names to rosetta stone ltd. and converted from an s corporation to a c corporation . ownership transferred to investment firms abs capital partners and northwest equity partners . on september 23 2008 rosetta stone inc. filed an initial public offering with the securities and exchange commission . since april 15 2009 the company has been listed as the rosetta stone at the new york stock exchange . since 2016 the company s president and ceo has been john hass . 2 rosetta stone is transitioning to a cloud based business model that goes beyond language learning and deeper into education technology . in 2013 it acquired four companies vivity labs inc creators of the fit brains trainer 3 livemocha 4 tell me more 5 and lexia learning . 6 the company s headquarters are in arlington va and it has offices worldwide . on september 17 2013 rosetta stone announced the launch of a new kids division 7 and in november 2014 it debuted its first kids reading program for consumers rosetta stone kids reading . 8 ipo edit on april 15 2009 rosetta stone raised 112 million in its initial public offering of stock with shares valued at 18.00 . 9 in its first full day of trading on the new york stock exchange the stock performed strongly closing at 25.12 per share up 39 % from its opening price . 10 after a strong opening however the stock stumbled amid reports of weaknesses in rosetta stone s us business resulting in the cancellation of a second offering and a disappointing year end price just 5 cents off its opening price . 11 the stock trades under ticker symbol rst . 9 10 as of december 2015 the stock was at approximately 6.82 usd per share . 12 offices edit corporate headquarters are in arlington virginia . there are also offices in harrisonburg virginia ; boulder colorado ; austin texas ; seattle washington ; boston concord massachusetts ; london united kingdom ; and seoul south korea . endangered language communities edit in 2004 rosetta stone ltd. established its endangered language program to contract with endangered language communities interested in custom software development to support language revitalization efforts . 13 support for the combating online infringement and counterfeits act edit rosetta stone was among a group of companies signed to a letter supporting combating online infringement and counterfeits act coica a bill which opponents argue amounts to censorship . 14 awards edit 2014 tabby award overall winner and users choice honoree in the android education category rosetta course 15 2014 tabby award users choice honoree in the ipad education adults professionals and general category rosetta course 15 2014 tabby award overall winner and users choice honoree in the ipad health & fitness category fit brains trainer tm 15 2014 academics choice smart media awards for rosetta course for ios 16 2014 academics choice smart media awards for rosetta stone kids lingo letter sounds tm 17 2014 academics choice smart media awards for fit brains tm trainer 18 2014 academics choice smart media awards for fit brains sparky s adventures tm 19 2014 academics choice smart media awards for lexia reading core5 20 2014 best of elearning award of excellence for rosetta stone totale pro for business solution 21 2014 ikids awards for rosetta stone kids lingo letter sounds tm 22 2014 2015 eschool news reader s choice award for lexia reading core5 pre k 5 reading program 23 2012 stevie silver award for the best use of technology in customer service 2012 stevie silver award for the young customer service professional of the year 2012 stevie bronze award for customer service department of the year 2012 stevie people s choice for favorite customer service 24 2010 eloqua markies award in the marketing and sales bff finalist 25 2010 future 50 winner 26 2009 technology cfo of the year 27 2009 ceo tom adams named ernst & young entrepreneur of the year 2009 ceo tom adams named ernst & young 2009 entrepreneur of the year retail & consumer products 28 2009 mt2 top training and simulation companies 29 2009 shenandoah valley technology council s high tech company award 30 2009 stevie executive of the year award 31 2008 2011 deloitte s technology fast award 32 33 34 references edit http www.bizjournals.com washington blog techflash 2013 12 rosetta stone to buy vivity labs.html http www.rosettastone.com leadership rosetta stone to acquire fit brains creator vivity labs will enter fast growing brain training market . marketwatch . retrieved 20 november 2015 . karsten strauss . rosetta stone acquires livemocha and expands its reach in the cloud . forbes . retrieved 20 november 2015 . rosetta stone acquires another language learning company . edsurge . 11 december 2013 . retrieved 20 november 2015 . rosetta stone acquires lexia learning for 22.5 million . thejournal.com . retrieved 20 november 2015 . rosetta stone launches kids division introduces blended reading & language product for children 3 6 press release . rosettastone.com . retrieved 20 november 2015 . http www.bizjournals.com washington blog techflash 2014 11 rosetta stone makes big step into education tech.html a b cnbc article covering the ipo retrieved 4 17 09 a b stock coverage of rosetta stone at wikinvest ipo comeback in 2009 sets stage for busy 2010 . the sydney morning herald . retrieved 20 november 2015 . yahoo finance . retrieved 19 december 2015 . associated press . new software to aid in keeping navajo language alive . santafenewmexican.com . jan 06 2008 . accessed july 06 2008 . sandoval greg january 18 2011 . senator who opposes antipiracy bill under pressure . cnet news . san francisco california . retrieved july 21 2011 . a b c 2014 winners users choice and finalists . retrieved 11 december 2014 . academics choice award winner . retrieved 11 december 2014 . academics choice award winner . retrieved 11 december 2014 . academics choice award winner . retrieved 11 december 2014 . academics choice award winner . retrieved 11 december 2014 . academics choice award winner . retrieved 11 december 2014 . rosetta stone business solution wins coveted elearning award . retrieved 11 december 2014 . rosetta stone kids smartphone app wins heralded ikids award . retrieved 11 december 2014 . lexia reading core5 presented with 2014 2015 eschool news readers choice award . retrieved 11 december 2014 . 2012 stevie award winners . retrieved 11 may 2012 . marketing and sales bff . retrieved 11 may 2012 . washington smartceo announces 2010 fast growth companies . retrieved 11 may 2012 . cfo of the year awards . retrieved 11 may 2012 . rosetta stone inc. s tom adams named ernst & young entrepreneur of the year 2009 overall national winner . retrieved 11 may 2012 . 2009 top simulation & training companies pdf . retrieved 11 may 2012 . rosetta stone wins multiple awards for innovation and excellence . retrieved 11 may 2012 . rosetta stone ceo named executive of the year . retrieved 11 may 2012 . deloitte s 2011 technology fast 50 pdf . retrieved 11 may 2012 . deloitte s 2010 technology fast 500 pdf . retrieved 11 may 2012 . 2009 deloitte technology fast 500 winners booklet pdf . retrieved 11 may 2012 . external links edit official website 1 2 rosetta stone factsheet hoover s rosetta stone company profile google finance rosetta stone inc. ipo washington smartceo announces 2010 fast growth companies . retrieved 11 may 2012 . retrieved from https en.wikipedia.org w index.php title 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