Qihoo 360 to acquire a security start-up team Journal Treasure

"TechWeb Report" February 17 news, according to internal personnel confirmed that Qihoo 360 days ago formally acquired based on the SaaS model online Web site log analysis platform "log Treasure" team.

The 360 website Security Inspection Department Director Zhao recently announced in the microblog, last year 360 buys "The log Treasure" the team, and said "from the department establishment to now, we have assembled several strands of pioneering power".

"Log Treasure" founder and CEO Dongfang confirmed the news, said the acquisition is based on business and resource integration, and disclosed the form of the acquisition of "Stock + Cash" mode. Upon completion of the acquisition, the "Log Treasure" product will continue to operate independently, but the team will be integrated with 360 security.

Official information shows that "Log Treasure" is a SaaS model based online Web site log analysis platform, mainly provides Web site access log analysis, security audit and vulnerability scanning services, currently compatible with NCSA and the log format, on May 7, 2012, officially online, in July, the start of the beta, September launched the Enterprise Edition (launched in November). Research and Development company for Beijing Fang Research Moment Technology Co., Ltd.

The 360 move was part of a larger team-building in the area of corporate security, the commentary said. Earnings showed that, as of the third quarter of last year, 360 of products and services in the monthly active users reached 442 million people, product penetration rate reached 95%. As of December 2012, 360 Enterprise Edition covers the number of enterprises reached 420,000, the number of terminals more than 10 million. (Chuck)