Qihoo 360 Technology Co., Ltd. (“Qihoo 360” or the “Company”), China’s largest Internet security service provider, and Asiasoft Corporation Public Company Limited (“Asiasoft”), a leading regional online entertainment service provider in Southeast Asia (“SEA”), announced at the 11th China-ASEAN Business and Investment Summit that the two companies have entered into a strategic partnership to provide free Internet security solutions to users in the SEA region.
Under the terms of the agreement, Qihoo 360 will combine its unique technical expertise and significant experience in product development, together with Asiasoft’s extensive marketing resources and networks, to provide full-scale, high quality mobile products and services to Internet users in SEA.
“We are excited to work with Asiasoft,” said Qi Xiangdong, President of Qihoo 360. “This partnership is an important part of our overall development strategy in the SEA market. As China’s leading Internet security service provider, Qihoo 360 is committed to introduce free, high quality security solutions to SEA users that enable them to enjoy the benefits of the rapidly developing Internet industry.”
Sherman Tan, Chairman of Asiasoft, commented, “We are very pleased to enter into this strategic agreement with Qihoo 360 and we believe Qihoo 360’s advanced Internet security technologies will provide superior Internet security services to users in SEA region.”
About Qihoo 360
Qihoo 360 Technology Co., Ltd. is a leading Internet company in China. The Company is also the number one provider of Internet and mobile security products in China as measured by its user base, according to iResearch. Qihoo 360 also provides users with secure access points to the Internet via its market leading web browsers and application stores. The Company has built one of the largest open Internet platforms in China and monetizes its massive user base primarily through online advertising and through Internet value-added services on its open platform.