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Inspur International To Sell Chinese E-government Business
January 31, 2012Hong Kong-listed information technology and outsource software development company Inspur International has published a report, stating that it will sell its e-government business, Shandong Inspur E-Government Software Limited, to Shandong Inspur Software Company Limited for CNY23 million.
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Renren.com To Acquire 56.com For USD80 Million
September 27, 2011Chinese social networking site Renren.com has announced plans to acquire the entire stake in 56.com, a Chinese video website, for USD80 million in cash.
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Acer's Acquisition Of iGware Approved By FTC In Taiwan
September 13, 2011Taiwan's Fair Trade Commission has approved Acer's acquisition of iGware, a U.S. cloud computing technology company, and said the acquisition only has slight influence on the Taiwanese cloud computing software service market.
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China's Alipay.com Acquires OnCard Payments
September 7, 2011Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has reached an agreement with OnCard International to acquire its third-party payment service subsidiary, OnCard Payments.
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Kingsoft Acquires MyDrivers For Up To CNY18 Million
August 31, 2011Chinese software provider Kingsoft Corporation Limited has revealed in its financial report for the second quarter of 2011 that it has completed the acquisition of MyDrivers, a Chinese software download service provider, for up to CNY18 million.
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Lenovo Completes Acquisition Of Majority Stake In Medion
August 8, 2011Chinese PC group Lenovo has announced that it has completed the share purchase agreement with Gerd Brachmann, Medion's largest shareholder, founder and CEO, marking a significant milestone for its acquisition of the German PC company.
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China's Haier To Acquire Sanyo's White Goods Business
August 2, 2011According to reports in Japanese local media, Haier Group will acquire Sanyo's white goods business from Panasonic.
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Acer Makes Cloud Computing Move With U.S. Acquisition
July 21, 2011Taiwan-based Acer plans to acquire U.S.-based iGware for USD320M plus another USD75M for performance-based earn-out.
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China's HiSoft Acquires American IT Consulting Company
July 15, 2011Chinese technology company HiSoft Technology International Limited has announced that it has acquired 100% of the equity interest in Nouveon Technology Partners, a provider of value-driven IT and process consulting services in the United States.
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Suning Makes Additional Investment In Laox
July 6, 2011Chinese home appliances and electronics retailer Suning has announced plans to buy 179 million additional shares from Laox, Suning's subsidiary in Japan, at the price of JPY35 per share.
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Suning Announces New Strategy To Conquer China's Tech Sector
June 24, 2011Chinese home appliances and electronics retailer Suning has published a new ten-year strategic plan, stating that it plans to open 200 new stores annually in the next ten years and will start exploring the Southeast Asian, European, and American markets from 2014.
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China's Lenovo To Acquire German PC Company
June 8, 2011Chinese PC maker Lenovo Group has announced plans to acquire a 37% stake in Medion AG, a PC company in Germany, for EUR231 million.
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China's Perfect World Acquires Cryptic Studios
June 6, 2011Chinese online game developer and operator has announced that it has invested EUR35 million to acquire a 100% stake in Cryptic Studios, an online game developer owned by Atari.
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China's Alibaba Group Completes Acquisition Of CNZZ
May 10, 2011Chinese B2B e-commerce group Alibaba has completed its acquisition of the traffic statistics service provider CNZZ, marking a crucial step for the group's layout within the e-commerce industry chain.
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Ku6 Acquires Media Player Company By Issuance Of New Shares
April 28, 2011Ku6 Media Company Ltd., the Internet video subsidiary of Shanda Interactive Entertainment Limited, has announced that the shareholders of Pipi.cn, a leading P2P Internet video platform in China, have agreed to sell all shares to Ku6 in exchange for 2,212,114,257 Ku6 ordinary shares.
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