In 2023, NetDragon announced a plan to spin off Promethean to merge with Gravitas Education Holdings, aiming to operate as a standalone company (later known as MYND.AI) listed on the NYSE to focus on AI in education.
Promethean (under NetDragon) continued to innovate, acquiring Explain Everything in 2022 to strengthen its digital whiteboard SaaS capabilities.
The offer represented a ~48% premium over the closing price of 27 pence on June 15, 2015. netdragon buys promethean
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.
NetDragon aimed to combine its expertise in internet communities and software with Promethean’s leading interactive hardware, particularly the ActivPanel and ActivBoards. In 2023, NetDragon announced a plan to spin
The deal was made via an indirect non-wholly-owned subsidiary, Digital Train, and concluded in November 2015. 5. Post-Acquisition Developments and Evolution
NetDragon aimed to use Promethean to combine technology, big data, and education, enabling a global "lifetime learning" model. A Chinese online game developer and mobile internet
Provide more details on the into Mynd.AI?