NetDragon, a leader in online gaming and education, has announced that it has transformed its education division into Mynd.ai, a new entity keenly focused on the merger of education and AI. With this transformative move, NetDragon states its clear ambition towards becoming a Classroom as a Service (CaaS) leader.
Mynd.ai: The New Era of AI Education
As part of an ambitious restructuring, NetDragon has turned its education business into a separate entity, now named Mynd.ai. With this move, the company signals a clear shift in their corporate strategy – from being a product developer to a value creator in the ed-tech sector. “We are not just in the business of building products. We are in the business of creating value,” said Dr. Simon Leung, Vice Chairman of NetDragon and Chairman of Mynd.ai.
From Hardware Provider to CaaS Leader
NetDragon’s spin off of its overseas education business into an independent, publicly listed entity in the U.S. marks their transition to a Classroom as a Service (CaaS) provider. The company foresees leveraging its impressive footprint of more than 1 million classrooms globally to establish an agnostic platform serving numerous content providers and providing a range of SaaS offerings for seamless teaching experiences. “Our strategic direction is clear: We will evolve from a hardware provider to a leader in Classroom as a Service (CaaS),” Leung stated.
About Mynd.ai and NetDragon: Revolutionizing Education
Mynd.ai promises to lead the education technology space by offering top tier interactive displays and AI-powered software solutions for classrooms worldwide. By leveraging its leadership position in the interactive display market, Mynd.ai aims to continue NetDragon’s legacy of impacting education on a global level. Meanwhile, NetDragon’s reputation for community building and successful game titles ensures a solid backing for the new venture.
In summary, NetDragon’s strategic shift into a Classroom as a Service (CaaS) provider under the new entity, Mynd.ai, marks an exciting new chapter in AI-driven education. With an innovative vision, the company seeks not only to redefine the educational landscape but to shape the future of learning, making it intelligent, seamless, and boundless.
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