Netdragon Buys Promethean ✮ ❲POPULAR❳

A Chinese online game developer and mobile internet platform company known for creating China’s first online gaming portal, 17173.com, and the 91 Wireless app store. It was pivoting towards a "Education + Internet" strategy in 2014-2015.

Promethean had been suffering from falling revenues and losses ($6.9 million loss in the year prior to the deal), providing a, lower-cost entry for NetDragon to acquire a premium brand. 4. Deal Structure and Terms Price: 40 pence in cash per Promethean share. netdragon buys promethean

Look into Promethean made due to NetDragon's investment? NetDragon expands with Promethean acquisition A Chinese online game developer and mobile internet

NetDragon pursued Promethean to accelerate its global expansion in the educational technology sector. particularly the ActivPanel and ActivBoards.

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