Disclaimer: This report is based on information available in the search results as of April 2026. The 2015 acquisition is finalized, while subsequent spin-off activities occurred in 2023. To make this paper even more complete,
£84.1 million (approx. US$130 million or HK$1 billion). netdragon buys promethean
Look into Promethean made due to NetDragon's investment? NetDragon expands with Promethean acquisition Disclaimer: This report is based on information available
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 US$130 million or HK$1 billion)
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.