Simon L. K. Leung said that after NetDragon's acquisition of Prometheus, China's fishery education can enter the markets of more than 100 countries at one time, and it can also expand the synergistic effect of China's fishery products, realize product upgrading and content expansion, streamline the supply chain and realize cost synergy.
According to the data, Prometheus is a company that provides interactive teaching solutions combining software and hardware. Its solution includes flagship interactive whiteboard activity board and software ClassFlow.
Prometheus covers10.3 million classrooms in more than 100 countries around the world. Prometheus will bring brand, global sales and marketing channels and business opportunities to NetDragon through 2 million teachers and 30 million student platform users around the world.
Simon L. K. Leung said that Huayu Education's current business focus has three directions: 1, developing its own market and technology, and laying out the lifelong education market, especially the K 12 market; 2. Looking for partners in the field of education; 3. Implement M&A on a global scale.
Huayu Education's investment and merger in the field of education mainly has three characteristics:
1, invest in core technologies. Huayu Education has its own good technology. Technology is not a problem, but the biggest problem is that research and development takes time. Because of this, Huayu Education announced on Saturday that it has acquired 0/00% equity of Suzhou Chisheng Information/KLOC, an intelligent voice technology provider.
By acquiring Suzhou Chisheng, NetDragon can integrate Chisheng voice technology, enrich its educational products, provide value in voice evaluation, voice recognition, language teaching and other fields, and build its comprehensive educational ecosystem.
Simon L. K. Leung said that around VR, video technology, big data and so on, Huayu Education will not necessarily invest, but it will definitely go to see it.
2, global layout. NetDragon has already spread all over the world in the field of games, and has also made some attempts in Southeast Asia, India and other markets in the field of education. Prometheus can also do the business of Chinese fishing education, but it takes time to do it himself.
Prometheus has been in the field of education for over 10 years. Fishing education in China is difficult to develop for a while, and acquisition is the best choice.
3, focusing on talent and IP investment.
Simon L. K. Leung said that the Internet industry cannot be done slowly, and fishing education in China must be globalized. If China enterprises are not globalized, it will limit the development space of China enterprises. "If Huayu Education specializes in the mainland market, it won't be so big for me to come in and help."
It is reported that Simon L. K. Leung was the global vice president of Microsoft and the chairman and CEO of Greater China. In the second half of 20 14, Simon L. K. Leung joined NetDragon as the vice chairman of NetDragon and CEO of Huayu Education Company, responsible for the overall strategy formulation and daily operation of Huayu Education.