Chinese 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.

According to reports in Japanese local media, Haier Group will acquire Sanyo's white goods business from Panasonic.

Chinese PC maker Lenovo Group has announced plans to acquire a 37% stake in Medion AG, a PC company in Germany, for EUR231 million.

News apparently from Datang reveals that the Chinese government has decided to merge the two stated-owned telecom equipment makers, Datang Telecom and Potevio, before the end of 2010.

Chinese Internet security software provider 360 has announced plans to acquire Msafe.com.cn, a Chinese mobile phone security manufacturer, to explore the mobile phone security market.

CDC Software has announced plans to acquire up to a 51% stake in Vitova, a Hong Kong-based enterprise content management service provider.

Chinese wireless value-added services firm Linktone Ltd. has entered into a definitive agreement to acquire a controlling interest in Letang Game Limited.

Two of Shanda Interactive Entertainment Limited's subsidiaries have been busy this week doing an acquisition and hiring a new executive, respectively.

According to reports in local media, Chinese lifestyle information website Ganji.com is planning to acquire its counterpart 263.com for over CNY10 million.

It's the end of a great year at ChinaTechNews.com, and we have compiled a list of our own top ten online technology stories and topics for 2009. The year 2009 began with worries of how the financial crisis would impact Chinese businesses, but those worries soon disappeared as businesses realized China was on its own [...]

According to reports in local media, China National Software & Service Company Ltd. plans to acquire Great Wall Computer Software and Systems for CNY130 million.

VisionChina Media, one of the largest outdoor digital mobile television advertising operator in China, has announced plans to acquire DMG, China's largest subway television advertising operator, for a total consideration of USD160 million.

In a move that seems like eBay's subsidiary PayPal might be contemplating a Chinese acquisition, Chinese independent third-party online payment company 99bill.com has signed an agreement with PayPal to jointly improve its international payment efficiency and promote international trade settlement.

Chinese social networking service developer Oak Pacific has acquired 23.7% of the floating shares of Nasdaq-listed travel website eLong.com for USD18.5 million and the two sides are considering business cooperation, says CEO of Oak Pacific Joseph Chen.

According to internal information from China TieTong, China Mobile has published a notice to its provincial branches about the integration of China TieTong's channel resources.