Provide more details on the into Mynd.AI?
Promethean had been suffering from falling revenues and losses ($6.9 million loss in the year prior to the deal), providing a, lower-cost entry for NetDragon to acquire a premium brand. 4. Deal Structure and Terms Price: 40 pence in cash per Promethean share. 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 Provide more details on the into Mynd
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, Deal Structure and Terms Price: 40 pence in
As of 2025, Promethean operates under the holding company MYND.AI, focusing on AI-enabled classroom technology, while NetDragon maintains its broader education and gaming business. 6. Conclusion
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.