HONG KONG, June 4, 2015 /PRNewswire/ -- NetDragon
Websoft Inc. ("NetDragon", Stock Code: 777), a leading
developer and operator of online games and mobile Internet
platforms in China, today
announced that it has signed the stock purchase agreement to
acquire a 100% stake in ChiVox Co., Ltd. ("ChiVox"), a leading
intelligent voice and speech technology provider in China.
ChiVox is one of the most advanced intelligent voice and speech
technology providers dedicated to the education industry in
China. ChiVox develops smart
interactive learning and testing products in the area of voice and
language technologies, and provides technology and services for
voice assessment and oral exams to leading education service
providers in China.
This acquisition will enable NetDragon to integrate world class
voice and speech technologies into its education products and
produce unique value proposition in the area of voice assessment,
voice recognition and language pedagogy as part of its holistic
education ecosystem currently under development. ChiVox also has a
technical development team that comes with a rare combination of
experience in and understanding of voice technologies, natural
language and education.
Mr. Dejian Liu, Chairman and
Executive Director of NetDragon, commented, "We believe ChiVox is
the leader in voice assessment technology in China. ChiVox management team's focus and
dedication in the education space is in full alignment with
NetDragon's vision and commitment in the area. We welcome ChiVox
into the NetDragon family and believe the unique capabilities of
its voice and speech technologies will be maximized when integrated
into our education ecosystem, translating to unparalleled user
experience and education value for students and teachers
alike."
About NetDragon Websoft Inc.
NetDragon Websoft Inc. (HKSE: 0777) is a leading
innovator and creative force in China's mobile Internet industry. Established
in 1999, NetDragon is a vertically integrated, cutting-edge R&D
powerhouse with a highly successful track record which includes the
development of flagship MMORPGs such as Eudemons Online and Conquer
Online, China's number one online
gaming portal, 17173.com, and China's most influential smartphone app store
platform, 91 Wireless, which was sold to Baidu in 2013 in what was
at the time the largest Internet M&A transaction in
China. Being China's pioneer in overseas expansion,
NetDragon also directly operates a number of game titles in over 10
languages internationally since 2003. In recent years,
NetDragon has become a major player in China's online and mobile education industry
as it works to leverage its mobile Internet technologies and
operational know-how to develop a game-changing education
ecosystem.
For investor enquiries, please contact:
NetDragon Websoft Inc.
Ms. Maggie Zhou
Senior Director of Investor Relations
Tel: +852 2850 7266
/ +86 591 8754 3120
Email: maggie@nd.com.cn; ndir@nd.com.cn
Website: www.nd.com.cn/ir
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SOURCE NetDragon Websoft Inc.