Netdragon Buys Promethean Apr 2026
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.
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, netdragon buys promethean
Promethean (under NetDragon) continued to innovate, acquiring Explain Everything in 2022 to strengthen its digital whiteboard SaaS capabilities. In 2023, NetDragon announced a plan to spin
The offer represented a ~48% premium over the closing price of 27 pence on June 15, 2015. To make this paper even more complete, Promethean
Promethean provided NetDragon with immediate, established sales and marketing channels in 100+ countries, particularly in North America where Promethean held a 25–30% market share.
