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Foxconn Invests US$ 6M in Taiwanese Educational Software Company BoniO

By Korbin Lan
Published: Apr 30,2015

TAIPEI, Taiwan - Foxconn Technology Group yesterday announced that the company will invest US$ 6 million to share in BoniO, a Taiwanese educational software company co-founded by Professor Ye Bing-Cheng and stundents of National Taiwan University, to expand its business strength in the education software market.

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The main products of BoniO is PaGamO, a online game intergrated of teaching which be designed by Professor Ye and his students in 2013. After registering, students and teachers can have a virtual character in the game, and just like general online, characters can fight for upgrade by problem-solving.By using gaming- method, to raise students’ interest in learning.

PaGamO won International Teaching Innovation Award last year, released the new online platform this year, attracted over 50,000 student users in six weeks, and college of Dental Pennsylvania University contacted BoniO to sign a three-year contract for dentist teaching.

Ho Zhi-Hong, BoniO co-founder and chief executive, said that the company will integrate Taiwanese campus teams to build a world-class software company. The investment of Foxconn will help BoniO to accelerate the pace of entering the European and the Chinese market.

Professor Ye said, educational technology has become the world's most prevalent technical areas in the past three years, the international communities continue to carry out large-scale investment plans, but Taiwan was a lack of indicative investment case. He had refused some high-priced acquisitions of foreign institutions, only for doing things differently.

LU Fang-Ming, vice president of Foxconn, said this investment was mainly to invest in Taiwan's talents, he has confidence of the development of BoniO in global market.

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