cloud network hunting on September 16, accept the tencent announced after taking a stake in, sogou CEO wang xiaochuan today within the company email said, relying on technology innovation of sogou with tencent platform of cooperation, we will quickly set up PC for three points in the pattern of the world, in the wireless search and social search, will be the only challenge and subversive power industry.
today, tencent, sohu and sogou tripartite agreement signed, tencent to sogou $448 million, and its search business of tencent and other related assets into sogou, tencent then get sogou deals fully diluted 36.5% stake, and tencent holdings would increase to 40% or so in the near future.
full text for wang xiaochuan internal email below:
in the Internet to motivate the competitive environment, we have to get the user’s recognition technology and innovation, our integrity and perseverance also had the respect of the industry. The hearts of the men of sogou affects the development of Internet industry.
today, I on behalf of the company announced an exciting news:
sogou accepted the tencent company strategic investment. Tencent will search business, QQ company injection sogou input method, invested $448 million in cash at the same time, and signed a cooperation plan. New sogou tencent account for 36.5% of the shares, and is expected to increase to more than 40% in a short time. The two sides will expand in technology, products, and the depth of the cooperation between the flow and data, opened a new chapter in Internet search and mobile battle.
the sogou technology innovation cooperation with tencent platform, we will quickly set up PC for three points in the pattern of the world, in the wireless search and social search, will be the only challenge and subversive power industry.
sogou sogou input method’s flagship product, will also with tencent’s flagship product in-depth cooperation, bring more surprise to user input and social experience.
tencent – sogou joint committee will begin to work, to make products and joint innovation last outbreak.
down in the day, we will fight together with brothers and sisters from tencent, together to enjoy the joy and rewards of hard work. We and person of tencent, also with the dream of the Internet people have a common faith, together to build the Internet ecosystem, for the construction of Internet users and rich Internet home.
this career got Mr Zhang and Mr Ma’s support and trust, also obtained the industry friends blessing and encouragement. We can’t live up to their expectations, with our efforts and dedication to get the medal of gold pieces, get together on the road to success.
Internet industry structure change. New sogou, big dream!
sogou CEO wang xiaochuan