Century interconnection obtains millet and Jinshan investment

Yesterday evening U.S. stocks before, Century interconnection announced directional additional, the introduction of Kingsoft software, millet and Temasek three total investment of 296 million U.S. dollars. Three of the equivalent of 18 U.S. dollars per share (ADS) to buy the shares of the century interconnection. Jinshan invested 172 million of billions of dollars in 11.6% of the century's shares, gaining 19.9% of the voting power. Millet invested 50 million U.S. dollars in 3.4% and gained 10% of the vote.

Century interconnection is China's largest telecommunications neutral Internet infrastructure service provider, providing server and network equipment hosting services, management network services, content distribution network and cloud computing services. They are also the operators of Microsoft Azure Public cloud services in China, such as the cloud services for products such as Office 365, which are responsible for landing in China by the century Internet.

This September, the century interconnection had encountered Trinity group short. The latter accused the former of fabricating the SEC financial report, set up "Phantom Office", 72 data centers operating in a false, 3 billion liabilities. But the accusations were quickly denied and the shares resumed after endorsement by investment banks such as Morgan. Century interconnection Q3 earnings show, income year-on-year growth of 51%, profit year-on-year growth of 61%.

After the investment was completed, Jinshan Chairman and Millet Technology CEO Lei on Weibo said:

Jinshan Software in the annual strategy will be developed in the "All in cloud service" three-year strategy, this investment is a key step.

The so-called "All in cloud service" refers to the future Jinshan including WPS, mobile phone assistants, security software, such as consumer products and fast-disk enterprise version of Enterprise-class products, such as the core is to provide users with cloud services. At present, Jin Shanyun provides services such as cloud host, cloud storage, load Balancing and CDN (content distribution System). As the article before 36 Krypton said, in the LEI planning, Jinshan has gradually become a company to provide content and services for millet, such as rice cloud.

Century interconnection says in order to meet the needs of Jinshan and other third party partners for the next generation of Internet infrastructure, the century interconnection will be a nationwide new data center and provide transport and peacekeeping support. Over the next three years, Century interconnection plans to lease at least 5,000 cabinets to Kingsoft software and its designated third party.

At present, millet in the content industry high hit, the former Sina editor-in-chief Chen joined Millet after taking over 1 billion dollar content investment fund, the first single 1.8 billion yuan Archie art. It is rumored that another investment will be announced in Wednesday. The Millet tablet also announced a price reduction of 200 yuan yesterday. Content industry, especially the video content of CDN service requirements is very high, this investment is lei logical layout.