Qihoo Plans $200M I.P.O.

Chinese Internet company Qihoo 360 Technology Co Ltd. plans to raise up to $200 million in an initial public offering, Reuters reported. The I.P.O. would provide an exit for a slew of investors including firms Sequoia Capital, Highland Capital, Redpoint Capital, Matrix and IDG. UBS Investment Bank and Citi are leading underwriters. Quihoo is a provider of Internet and mobile security products.

15 March 2011•2 mins read
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