.
MergerLinks Header Logo

New Deal


Announced

Completed

NetDragon Websoft completed a $20m investment in Rokid.

Financials

Edit Data
Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Friendly

metaverse

AR technologies

Acquisition

Minority

China

Private

IT Services: Other

augmented reality

Cross Border

Completed

Single Bidder

Synopsis

Edit

NetDragon Websoft, a global company specializing in building internet communities, completed a $20m investment in Rokid, an Augmented Reality company. "We are happy to have NetDragon onboard as not just our investor but also our close strategic partner going forward. As a leading unicorn in the rapidly growing AR industry, Rokid is a product-oriented platform company focusing on human-computer interaction technology with a strong track record in multiple industrial and consumer applications. We look forward to working with NetDragon to expand our opportunities by leveraging their knowledge and know-how in education and gaming, as well as their global sales network. We believe that the combination of NetDragon and Rokid will bring new momentum in product development and breakthrough innovation to the industry," Misa Zhu, Rokid Founder and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US