Investment Summary

VNET Group Invests In Zhiboxintong Network Technology Co.

On September 1, 2010, VNET Group invested in communications company Zhiboxintong Network Technology Co.

Investment Highlights
  • This is VNET Group’s 2nd transaction in the Communications sector.
  • This is VNET Group’s 2nd transaction in China.

Investment Summary

Date 2010-09-01
Target Zhiboxintong Network Technology Co.
Sector Communications
Investor(s) VNET Group
Deal Type Stake Purchase

Target

Zhiboxintong Network Technology Co.

China
Zhiboxintong (Beijing) Network Technology Co., Ltd. is a provider of communication services.

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Investor(S) 1

Investor

VNET Group

Beijing, China

Category Company
Founded 1996
Sector Internet Software and Services
Employees2,581
Revenue 8.3B CNY (2024)
DESCRIPTION

VNET Group is a provider of internet data center services. VNET Group provides hosting and related services, managed network services and cloud computing infrastructure services, improving the reliability, security and speed of its customers' Internet connections through 21Vianet's Internet infrastructure. VNET Group was founded in 1996 and is based in Beijing, China.


DEAL STATS #
Overall 2 of 7
Sector: Communications M&A 2 of 5
Type: Stake Purchase M&A Deals 2 of 4
Country: China M&A 2 of 6
Year: 2010 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-01 Beijing Chengyishidai Network Technology Co.

China

Beijing Chengyishidai Network Technology Co., Ltd. is a provider of communication services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-15 Zhiboxintong Network Technology Co.

China

Zhiboxintong (Beijing) Network Technology Co., Ltd. is a provider of communication services.

Buy -