Beijing-based cloud-based security firm Anquanbao, backed by Northern Light Ventures and Innovation Works, has been acquired by Chinese search engine Baidu Inc. for an undisclosed amount, according to Chinese media reports. After the completion of the transaction, Anquanbao will become a wholly owned subsidiary of Baidu. Baidu will also push the cooperation and synergy between […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network