3.5B Spent For Wangsu, GIG Becomes The Largest Shareholder

IDCNOVA news:Chinese data center operator Wangsu Science and Technology Co.,Ltd.(AKA Wangsu)announced recently that Guangxi Investment Group Co.,Ltd.(AKA GIG)spent 3.5 billion to acquire 12%shares of the total sum of Wangsu.After this transaction,GIG would become the largest shareholder of Wangsu.According to the share transfer deal signed between GIG and Wangsu,GIG will buy shares of Wangsu 12 yuan per share.

Established in January 2000,Shanghai,Wangsu is dedicated to crucial technology research and development in terms of big data and cloud computing.It formulated a extensive and high efficient CDN,edge computing as well as meet the data computing and interactive demand anytime anywhere.

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