BEIJING, June 19, 2015 /PRNewswire/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (QIHU), a leading Internet company in China, today announced that its board of directors (the "Board") has formed a special committee consisting of three independent, disinterested directors, Dr. Eric Chen, Dr. Jianwen Liao and Dr. Ming Huang, to consider the previously announced non-binding "going private" proposal that the Board received on June 17, 2015. Dr. Eric Chen will chair the special co...
BEIJING, June 17, 2015 /PRNewswire/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a leading Internet company in China, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter, dated June 17, 2015, from Mr. Hongyi Zhou, chairman and chief executive officer of the Company, CITIC Securities Co. Ltd. or its affiliates, Golden Brick Capital Private Equity Fund I L.P., China Renaissance Holdings Limited or its aff...
BEIJING, May 26, 2015 /PRNewswire/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a leading Internet company in China, today announced it has entered into an agreement with Coolpad Group Limited ("Coolpad") (HKSE: 2369) to increase its ownership stake in the COOLPAD E-COMMERCE INC., the joint venture (the "JV") established by the Company and Coolpad in April 2015, to 49.5% by purchasing 4.5% shares in the JV from Cooldpad in the total consideration of $45 million....
Partnership establishes China's first intelligent real estate community
BEIJING, May 21, 2015 /PRNewswire/ -- Qihoo 360, China's leading Internet security software provider, and Huayuan Group, one of China's leading real-estate developers, have formed a strategic partnership to promote the adoption of smart home and security technologies in China's real-estate market.
Under the agreement, Qihoo 360 will design and provide intelligent home security products and management systems for Hua...
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