NetDragon pursued Promethean to accelerate its global expansion in the educational technology sector.
NetDragon aimed to combine its expertise in internet communities and software with Promethean’s leading interactive hardware, particularly the ActivPanel and ActivBoards. netdragon buys promethean
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 deal was made via an indirect non-wholly-owned subsidiary, Digital Train, and concluded in November 2015. 5. Post-Acquisition Developments and Evolution netdragon buys promethean