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Rosetta Stone company history timeline

1992

That time came in 1992 when Fairfield Language Technologies was founded in Harrisonburg, Va, USA. Allen, the company's Chairman and President, recruited his brother, Eugene Stoltzfus, from the world of architecture to be the company's first Executive Vice President.

By 1992, CD-ROM technology made the project possible.

1996

R.S. Simpson, Demotic grammar in the Ptolemaic Sacerdotal Decrees (Oxford, Griffith Institute, Ashmolean Museum, 1996).

1999

R. Parkinson, Cracking codes: the Rosetta Stone and decipherment (London, The British Museum Press, 1999).

2002

Allen passed away in 2002, but his legacy of achievement and innovation inspires the company to this very day.

2003

Tom Adams was named CEO in 2003 and with his innovative leadership and passion for language-learning, Tom has taken Rosetta Stone global.

In 2003, the company announced the hiring of Tom Adams, a businessman with international experience, as President and CEO.

2004

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.

2005

R. Parkinson, The Rosetta Stone (London, British Museum Press, 2005).

Eugene filled the role of President and Chairman until the end of 2005.

2006

In 2006, the company was sold to investment firms ABS Capital Partners and Norwest Equity Partners, and was renamed after our signature product.

In 2006, the company changed names to Rosetta Stone, Ltd., and converted from an S corporation to a C corporation.

2007

Why does the plain-looking Rosetta Stone retain such a luster today, two centuries after its code was cracked? Egyptologist John Ray told Smithsonian Magazine’s Beth Py-Lieberman in 2007 that the stone “is really the key, not simply to ancient Egypt; it’s the key to decipherment itself.

2009

On April 15, 2009, the company was listed as the Rosetta Stone on the New York Stock Exchange, raising $112 million in its initial public offering of stock shares.

2013

On September 17, 2013, Rosetta Stone announced the launch of a new Kids Division.

In 2013, it acquired four companies—Vivity Labs Inc (creators of the Fit Brains Trainer), Livemocha, Tell Me More, and Lexia Learning.

2014

Written by Mark Cartwright, published on 03 January 2014 under the following license: Creative Commons Attribution-NonCommercial-ShareAlike.

In November 2014, it debuted its first kids reading program for consumers, Rosetta Stone Kids Reading.

2016

Since 2016, the company's president and CEO has been John Hass.

2017

© 2017 Trustees of the British Museum

2020

On August 31, 2020, Rosetta Stone announced that they had entered an agreement to be acquired by Cambium Learning Group for $792 million.

2021

On March 17, 2021, Rosetta Stone was acquired by IXL Learning from Cambium Learning Group.

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Founded
1992
Company founded
Headquarters
Arlington, VA
Company headquarter
Founders
Allen Stoltzfus,Eugene Stoltzfus,John Fairfield,Michael Silverman
Company founders
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Rosetta Stone history FAQs

Zippia gives an in-depth look into the details of Rosetta Stone, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Rosetta Stone. The employee data is based on information from people who have self-reported their past or current employments at Rosetta Stone. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Rosetta Stone. The data presented on this page does not represent the view of Rosetta Stone and its employees or that of Zippia.

Rosetta Stone may also be known as or be related to Rosetta Stone, Rosetta Stone Inc, Rosetta Stone Inc. and Rosetta Stone Ltd.