Netdragon Buys Promethean | Fast & Verified

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

The acquisition of Promethean by NetDragon was a pivotal moment in the 2015 ed-tech scene, representing a major push by a Chinese tech company into global physical classroom hardware. It provided NetDragon with the international infrastructure needed for its education initiatives and gave a struggling premium brand (Promethean) the financial backing to transition into a software-driven, AI-focused company. netdragon buys promethean

£84.1 million (approx. US$130 million or HK$1 billion). NetDragon aimed to combine its expertise in internet