Investment Summary |
|
|---|---|
| Date | 2016-02-26 |
| Target | Zhigu Holdings |
| Sector | Information Technology |
| Investor(s) | Xiaomi |
| Sellers(s) | Kingsoft |
| Deal Type | Stake Purchase |
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Xiaomi, China’s largest smartphone maker.Company create remarkable hardware, software, and internet services for and with the help of Mi fans. Company incorporate feedback into product range, which currently includes the Mi Note Pro, Mi Note, Mi 4, Redmi 2, Mi TV, Mi Band and other accesso- ries.With more than 61 million handsets sold in 2014, and products launched in Taiwan, Hong Kong,Singapore, Malaysia, Philippines, India, Indonesia and Brazil, Xiaomi is expanding its footprint across the world to become a global brand.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 1 of 1 |
| Country: China M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
Kingsoft is a software company that develops and distributes entertainment, Internet security, and application software. Kingsoft was founded in 1988 and is based in Hong Kong, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 1 of 1 |
| Country: China M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
