21Vianet
21Vianet Group, Inc. is a leading carrier-neutral Internet data center services provider in China. 21Vianet provides hosting and related services, cloud services, and business VPN services, improving the reliability, security and speed of its customers' Internet infrastructure. Customers may locate their servers and networking equipment in 21Vianet's data centers and connect to China's Internet backbone . 21Vianet operates in more than 30 cities throughout China, servicing a diversified and loyal base of nearly 5,000 hosting enterprise customers that span numerous industries ranging from Internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.
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CapitalOnline Data Service Buys data Center Builder Outside Beijing
March 24, 2023 Beijing
A company planning to construct a 3,200-rack data center in Huaili County, China, has been purchased by Chinese cloud provider CapitalOnline Data Service. This week, the company bought Huailai Wisdom Cloud Port Technology's entire equity stake. The company just recently received authorization to...
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Chayora finishes up work on the first data center on its new Shanghai Campus
October 03, 2022 Shanghai
Chayora, a Hong Kong-based data center operator, has announced that it has completed the construction of its first data center on its new Shanghai campus in China. The company first announced the campus back in November 2021, and in partnership with EdgeConneX, Edge will offer computing services...
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Founder of Vnet, Josh Sheng Chen Looking To Acquire The Company
September 21, 2022 21Vianet
The founder of Vnet, Josh Sheng Chen, has offered to acquire the data center company. According to reports from the Chinese data center firm, a non-binding proposal has been received from Josh Sheng Chen. The proposal is to acquire all of Vnet’s outstanding ordinary shares. He proposed $8.20 in...
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MBK Partners Mulling Over Vnet Acquisition
July 29, 2022 21Vianet
According to Bloomberg, Private equity company MBK Partners is mulling over the acquisition of China’s Vnet. Vnet Group Inc., formerly known as 21Vianet, is a Chinese data center firm. MBK is in discussions with a partner over a joint offer for Vnet. Vnet had been an acquisition target for many...
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Chinese Investment Firms Make Offers For Vnet
April 13, 2022 21Vianet
Vnet, formerly known as 21Vianet has received unsolicited acquisition offers from two Chinese investment firms. Industrial Bank Co. ltd and Hina Group are looking to acquire the Chinese data center firm. The offer tabled is US$8 in cash per American depositary share. The offer can also be...
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Blackstone Makes a $250m Investment In Vnet
February 01, 2022 21Vianet
Chinese data center firm Vnet has announced that Blackstone has invested $250 million in the firm. Blackstone bought $250 million worth of convertible notes in Vnet. According to Vnet, it will be using the funds to develop and expand in China. The founder and executive Chairman of Vnet, Josh...
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