Jun. 10, 2015, 11:03 AM
- 21Vianet (NASDAQ:VNET) chairman/CEO Josh Chen, Chinese software/cloud services firm Kingsoft (OTCPK:KSFTF), and state-owned tech investor Tsinghua Unigroup have offered to buy 21Vianet for $23/share in cash, a 15.5% premium to Tuesday's close. Shares have risen to $22 in response.
- 21Vianet's board plans to form a committee to weigh the offer. Many other Chinese firms have agreed to going-private deals over the last two years.
Aug. 11, 2014, 2:46 PM
- 21Vianet (VNET +6.8%) is acquiring Dermot Holdings, a leading provider of VPN services in China, from parent DYXnet Group. Terms are undisclosed.
- 21Vianet notes DYXnet's VPN network reaches 700+ cities in mainland China and other East Asian markets, and claims 2K+ customers. Its offerings complement 21Vianet's Web hosting, cloud infrastructure, and CDN offerings.
21 Vianet Group, Inc. engages in the provision of carrier-neutral internet data center services. The company also provides hosting and related services, managed network services, cloud infrastructure services and content delivery network services. The hosting and related services include managed... More
Industry: Information Technology Services
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