Jinshan Software (03888.HK) announced that will spend 90 million of dollars invested in thunder

April 3 Morning News, Kingsoft Software (03888.HK) announced that will spend 90 million of dollars to invest in thunder. After the completion of the transaction, Jinshan will receive 31.9396 million shares of the Thunderbolt Series E preferred Shares, about the number of the Series E shares have been issued 29.03%. If the Thunderbolt all preferred shares are converted to common stock, Jinshan will have the Thunderbolt has issued shares of 9.98% of the total.

The announcement said that cooperation between the two sides has brought more opportunities for business cooperation. But the announcement did not disclose the specific content of the cooperation between the two sides.

At present, the Thunder business mainly includes in the online video, the cloud acceleration and the game joint operation three pieces. Among them, the cloud accelerates the business is the newest focus also is the advantage, this product can provide the acceleration service for the game, the video and so on business.

On the surface, Thunder Cloud acceleration is a product that is mainly aimed at users ' needs. But in the era of Internet end product type increasing, as well as the appearance of intelligent TV and internet TV box, the user's demand for bandwidth becomes more and more large, the active time of this kind of demand is also relatively concentrated, which makes the bandwidth pressure of server side multiply.

There have been news that the Thunderbolt won nearly 200 million dollars in millet investment, and the fastest in March to submit an IPO application, June before the listing transactions. The rumors of thunder, millet both sides did not comment.