Yahoo buys Hong Kong software developer

IDG News Service | Business Add a new comment

November 26, 2003, 10:45 AM — Yahoo Inc.'s Hong Kong unit has signed a deal to acquire a Hong Kong company that develops software and systems intended to make using the Internet easier for Chinese language speakers.

Under the terms of the deal, Yahoo Holdings (Hong Kong) Ltd. will pay up to US$120 million in cash over two years for 3721 Network Software Co. Ltd., Yahoo said in a statement Friday. The acquisition will see the company become a wholly-owned unit of Yahoo Hong Kong.

The deal will also mean collaboration between Yahoo Hong Kong and Beijing 3721 Technology Co. Ltd. The latter company, which is affiliated with the Hong Kong company purchased by Yahoo, sells Internet keywords in China which allow people to access certain Web sites by typing in keywords rather than domain names. By typing in specific names, such as those for companies and organizations, users are redirected to corresponding Web sites. Generic terms will result in users seeing a directory maintained by 3721.

Add a comment

From CIO.com

From CSO Online

Will Do Not Track kill the 'free' Internet?

8 comments
How to avoid being tagged as a terrorist: Don't pay cash for coffee

4 comments
Sony shows power outlets that can control electricity by user, device, or source

3 comments
How to kill Web trackers dead

3 comments
Even after rewrites, Google Wallet retains gaping security holes, mainly due to Android

3 comments

Older
|
Newer

ITworld LIVE

DariaJones12528 has just joined ITworld
ShojiitagakiXS_tw473572786 has just joined ITworld
crhylove_tw121250214 commented on Linux Mint 13 gets back to desktop basics
RightKlik_tw18925783 commented on Sony shows power outlets that can control electricity by user, device, or source
nkbflsfids9a commented on The Playstation Vita won't make phone calls, but a future Vita OS device might
nkbflsfids9a commented on Girl builds LEGO Millennium Falcon in about 4 hours (video)
nkbflsfids9a commented on Yahoo talks with Alibaba end abruptly; shares drop nearly 6%
nkbflsfids9a commented on The Ghostery in the machine: Tracking the trackers
nkbflsfids9a commented on Real-world superpowers: Eye surgery lets some see well into the ultraviolet
nkbflsfids9a commented on FSF asks web devs to ID JavaScript code
nkbflsfids9a commented on Move to mobile will bring big changes for Linux
nkbflsfids9a commented on RIM: Revival possible, or dead man walking?
nkbflsfids9a commented on Microsoft India store hacked, user database exposed
nkbflsfids9a commented on Is Google developing a Google TV+Music device?
nkbflsfids9a commented on Apple files complaint against Motorola in the US to prevent iPhone 4S litigation
nkbflsfids9a commented on FBI says social media monitoring won't infringe privacy rights
nkbflsfids9a commented on Sony shows power outlets that can control electricity by user, device, or source
nkbflsfids9a commented on Massive Air Force ERP software project still struggling
jnaze shared iPad apps for book lovers on Email
Cube commented on Sony shows power outlets that can control electricity by user, device, or source
Cube has just joined ITworld
Gerald Lau has just joined ITworld
ryanhellyer_tw14598449 commented on Chromebooks are the electric car of laptops
ryanhellyer_tw14598449 has just joined ITworld
rasel2011 has just joined ITworld
Mark Cummuta shared IT pay: Premiums for IT skills drop as IT departments reorganize on Twitter
robertoevans_tw16339975 commented on How to avoid being tagged as a terrorist: Don't pay cash for coffee
The white paper Guaranteeing 100% Backup Recovery was viewed
AppDevGuy asks How much will the security flaws in Google Wallet set back the transition to "digital wallets"?

BusinessWhite Papers & Webcasts

White Paper

Insiders Can Ruin Your Company. Take Action.

Did you know that 80 percent of threats to an organization come from the inside? The threat from insiders is often overlooked in organizations worldwide. This white paper from NetIQ, discusses key technology solutions that help to prevent and detect insider threats.

White Paper

Ten Steps to an Enterprise Mobility Strategy

Enterprise employees are more mobile, relishing the ability to work productively anywhere, at any time. They may use any means to get connected, often creating financial and security risks for your company. Discover how to get control of your enterprise mobility strategy and ensure mobile worker productivity with these ten steps.

White Paper

What You Need to Know About the Costs of Mobility

Mobile workers want to get connected anywhere, at any time, often at any cost. Enterprise mobility is often a hidden "black" budget in your company. Ensure that your traveling employees are productive everywhere, even while you control cost and security, through an enterprise mobility strategy.

White Paper

The 2011 iPass Mobile Enterprise Report

This industry survey covers trends, recommendations and a policy guide on managing Enterprise Mobility for IT management and CIOs. Get data on employee device liability, as well as smartphone/tablet penetration, budget control and provisioning. Find out how your organization compares, how to ensure mobile worker productivity, and control costs.

White Paper

Smarter Commerce is redefining value chain visibility

Smarter Commerce is redefining the value chain in the age of the customer. It starts with putting the customer at the center of your operations - which of itself is not a new idea - however, truly operationalizing this strategy is not easy.

See more White Papers | Webcasts