M&A Deal Summary |
|
|---|---|
| Date | 2023-02-14 |
| Target | ChinaCache s Overseas Business |
| Sector | Information Technology |
| Buyer(s) | EdgeNext |
| Sellers(s) | ChinaCache |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Information Technology |
EdgeNext is a global edge cloud service provider specializing in APAC, China, and Middle East cloud delivery, cloud security, and edge computing solutions. Powered by a strategically located, globally distributed network, innovative computing technologies, and customer-centric expert services, the company supports industry-leading brands with the capacity to deliver the most agile, rapid, and seamless content viewing experience to target audiences worldwide. EdgeNext was formed in 2015 and is based in Bellevue, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
ChinaCache is focused on providing IT services including content delivery network (CDN), data center management, Internet Exchange center operations, and cloud hosting services. The company has been assisting foreign companies to enter the China market and guiding them through the complex Internet landscape in China, including establishing business entities, applying for ICP Bei’An, improving website speed, and much more. Its CDN, Datacenter, and Internet Exchange services have been integrated into a distinctive 3-tier Internet ecosystem that is pushing the boundaries of the Internet landscape in China. ChinaCache was formed in 1998 and is based in Beijing, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
