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.
A British educational technology company known for its interactive whiteboards (ActivBoards) and software (ClassFlow). It boasted strong market share in the U.S. and UK, with over 2 million teachers and 30 million students using its platform. 3. Rationale for Acquisition netdragon buys promethean
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 aimed to combine its expertise in internet
Look into Promethean made due to NetDragon's investment? NetDragon expands with Promethean acquisition and UK, with over 2 million teachers and
Following the acquisition, Promethean continued to operate under NetDragon, with significant changes occurring years later: