Following the acquisition, Promethean continued to operate under NetDragon, with significant changes occurring years later:
NetDragon pursued Promethean to accelerate its global expansion in the educational technology sector.
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 netdragon buys promethean
NetDragon aimed to use Promethean to combine technology, big data, and education, enabling a global "lifetime learning" model.
Acquisition Analysis: NetDragon Websoft Acquires Promethean World 1. Executive Summary Conclusion NetDragon aimed to use Promethean to combine
The offer represented a ~48% premium over the closing price of 27 pence on June 15, 2015.
Promethean provided NetDragon with immediate, established sales and marketing channels in 100+ countries, particularly in North America where Promethean held a 25–30% market share. Promethean provided NetDragon with immediate
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