Announced
Financials
Sources
Tags
Single Bidder
Friendly
Software
Public
Pending
software development
Acquisition
China
Minority
Synopsis
Tencent, a multinational conglomerate company, agreed to acquire a 5% stake in Weaver Network, a Chinese office software maker, for $110m. Tencent is optimistic about the target firm's business prospects and there should be more collaboration between the parties in the future.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.