Netdragon Buys Promethean Review

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.

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

Look into Promethean made due to NetDragon's investment? NetDragon expands with Promethean acquisition Promethean had been suffering from falling revenues and

Promethean (under NetDragon) continued to innovate, acquiring Explain Everything in 2022 to strengthen its digital whiteboard SaaS capabilities. netdragon buys promethean