High-quality HD projectors are among the electronic equipment that was used during the London Olympics and is now being sold off to schools and colleges.

The Acer ICT equipment is being sold off – or ‘reassigned’ – through teams working for Econocom and the London Organising Committee of the Olympic and Paralympic Games (Locog).

The projectors are expected to be put up for sale imminently, along with interactive smartboards and HD cameras, but thousands of pieces of computer equipment have already been snapped up.

More than 500 schools and colleges have purchased some of the heavily discounted equipment, making total savings of some £1.5 million. For example, a server that had been £2,800 to purchase as new, has been sold for just £272.

Acer provided thousands of pieces of ICT and AV hardware for the Olympics, including 10,000 PCs, 2,000 laptops, 1,000 servers and 1,800 touchscreens.

Econocom’s UK manager, Chris Labrey, said, “The Econocom team is proud to be managing such an initiative which ensures the benefits of the Olympic legacy are spread across the whole country.”

Teacher, Chris Goodrich, who is the head of IT services at The Mountbatten School in Hampshire, took to Twitter to express his delight at the electronic bargains. He tweeted, “Just ordered some ex-Olympic servers from Chris Labrey. They are an absolute steal for schools. A new processor costs more than the server!”