Netdragon Buys Promethean «2025»

As of 2025, Promethean operates under the holding company MYND.AI, focusing on AI-enabled classroom technology, while NetDragon maintains its broader education and gaming business. 6. Conclusion

On November 3, 2015, Hong Kong-listed ("NetDragon") announced the completion of its acquisition of Promethean World PLC ("Promethean"), a London-listed global leader in interactive learning technology. The all-cash deal valued at approximately US$130 million (£84.1 million) gave NetDragon full ownership of Promethean. This move was designed to merge NetDragon’s internet/gaming capabilities with Promethean’s established hardware/software presence in over 100 countries and 1.3 million classrooms. 2. Companies Overview netdragon buys promethean

NetDragon aimed to combine its expertise in internet communities and software with Promethean’s leading interactive hardware, particularly the ActivPanel and ActivBoards. As of 2025, Promethean operates under the holding

The deal was made via an indirect non-wholly-owned subsidiary, Digital Train, and concluded in November 2015. 5. Post-Acquisition Developments and Evolution The all-cash deal valued at approximately US$130 million

Following the acquisition, Promethean continued to operate under NetDragon, with significant changes occurring years later: