Kingsoft Software announces that it will invest 90 million dollars in thunder

Absrtact: Kingsoft Software today through the submission of the documents announced, will use 90 million U.S. dollars to invest in thunder, subscribe to 31,939,676 shares of the Thunderbolt e-round preferred shares. After the transaction is completed, Jinshan will account for 9.98% of the shares. Although the bulletin did not disclose specific details of cooperation, but Jinshan soft

Kingsoft Software today through the submission of the document announced, will use 90 million U.S. dollars to invest in thunder, subscribe to 31,939,676 shares of the Thunderbolt e-round preferred shares. After the transaction is completed, Jinshan will account for 9.98% of the shares.

Although the bulletin did not disclose specific details of cooperation, but Jinshan Software chairman Lei said that the investment is mainly optimistic about the Thunder in the high-speed download and video business advantages, and Jinshan Software's internet security, Office software, network games and cloud computing and other fields are fully transformed mobile internet, It is expected that a series of cooperation will be carried out in these areas in the future.

In the area of security software, Golden Hill Software's "Cheetah Mobile" has gone to the United States to submit an IPO application, and Jin Shanyun service was formally entered the enterprise-level cloud storage market a year ago; the Office software field of WPS although in the PC side by Microsoft Office, but in the mobile end seems to get good results, According to its published data, 2013 revenue reached 298 million yuan, of which the mobile end of the download volume has exceeded 200 million.

Thunderbolt, through its mobile phone thunderbolt, Thunder look, Ray mobile phone assistant, Thunder Cloud broadcast, Thunder off-line and other mobile Internet product layout, has been transformed from a simple download tool to mobile Internet content and service platform.

From the current Thunderbolt online video, cloud acceleration, and game transport three major business, with the transformation of mobile Internet, the future will certainly need a large number of cloud storage services, so I guess Lei mentioned Thunder's high-speed download and video business is likely to first and Jinshan software in the cloud services to produce some cooperation.