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Ambow Education Secures $1.3 Million International Licensing Deal for HybriU
AMBOAmbow Education(AMBO) Prnewswire·2024-10-07 10:00

Core Insights - Ambow Education Holding Ltd. has entered into a $1.3 million non-exclusive, annually renewable licensing agreement with Inspiring Futures Pte. LTD for the production and sale of the HybriU AI UniBox in international markets [1][2] - The partnership aims to enhance HybriU's presence in the global digital education sector, allowing Ambow to focus on expanding its footprint in key U.S. markets [2] - HybriU is positioned as a unique 5-in-1 total solution that integrates AI across five domains: teaching, learning, connectivity, recording, and management, providing a unified learning experience [2] Company Overview - Ambow Education Holding Ltd. is an AI-driven educational technology company based in the U.S., dedicated to empowering educational institutions and students through advanced AI and connectivity solutions [4] - The company operates the New School of Architecture & Design in San Diego, California, and is committed to delivering personalized and impactful career education services [4] Strategic Partnerships - Inspiring Futures, based in Singapore, has extensive experience in the education sector and aims to expand internationally, targeting regions with high demand for quality education and technology integration [3] - The partnership with Ambow is part of Inspiring Futures' strategy to deliver innovative solutions and establish itself as a trusted partner in the global education landscape [3]