Key Developments: 21Vianet Group Inc (VNET.O)

VNET.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

21Vianet Group Inc establishes joint venture with Foxconn
Friday, 10 Oct 2014 08:00am EDT 

21Vianet Group Inc:Says established Smart Time Technologies Ltd, strategic joint venture, with leading global electronics manufacturer, Foxconn Technology Group.Says 21Vianet and Foxconn will invest combined total of $25 mln in initial phase of cash investment in return for 60 pct and 40 pct equity interest in Joint Venture, respectively.Says development is expected to further strengthen technological collaboration between two companies.Through this Joint Venture, 21Vianet and Foxconn will jointly build and develop a global supply chain for internet data center (IDC) and cloud computing infrastructure markets.  Full Article

21Vianet Group Inc forms strategic partnership with China Internet Network Information Center
Thursday, 2 Oct 2014 08:00am EDT 

21Vianet Group Inc:Announced a strategic partnership with China Internet Network Information Center (CNNIC).Says 21Vianet and CNNIC will closely cooperate on conducting fundamental research and developing an open Domain Name System (DNS) Internet platform in China.Says by sharing resources and complementing capabilities, the two parties will explore strategies to further expand and optimize China's internet infrastructure resources, such as Internet Protocol (IP), Autonomous System (AS) and DNS.Says the two parties will also jointly establish an Internet Collaborative Innovation Alliance to promote a safer, more open and more vibrant Internet infrastructure network throughout China, with the ultimate goal of improving Internet services and better supporting China's Internet economy.  Full Article

Huawei Technology Co Ltd and 21Vianet collaborate to launch China's Commercial SDN Network
Tuesday, 9 Sep 2014 06:09am EDT 

Huawei Technology Co Ltd:Company announced partnership with 21Vianet Group Inc.To launch China's largest commercial Software-Defined Networking-enabled (SDN) network.Network will provide flexibility to subscriber networks that manage and support cloud services.It will enable enterprises to adjust their business strategies to stay competitive in a dynamic market environment.  Full Article

21Vianet Group Inc announces US$100 mln share repurchase program
Thursday, 4 Sep 2014 08:00am EDT 

21Vianet Group Inc:Says company borad authorizes US$100 mln share repurchase program.  Full Article

21Vianet Group Inc gives Q3 2014 guidance above analysts' estimates; raises FY 2014 guidance
Wednesday, 27 Aug 2014 04:01pm EDT 

21Vianet Group Inc:Expects Q3 2014 net revenues to be in the range of 777 million yuan to 813 million yuan.Expects Q3 2014 adjusted EBITDA to be in the range of 153 million yuan to 170 million yuan.Expects FY 2014 net revenues to be in the range of 2.94 billion yuan to 3.02 billion yuan.Expects FY 2014 adjusted EBITDA to be in the range of 600 million yuan to 630 million yuan.Q3 2014 revenue of 722 million yuan and EBITDA of 152 million yuan - Thomson Reuters I/B/E/S.FY 2014 revenue of 2.83 billion yuan and EBITDA of 586 million yuan - Thomson Reuters I/B/E/S.  Full Article

21Vianet Group Inc to acquire Dermot Entities from DYXnet Group
Monday, 11 Aug 2014 08:00am EDT 

21Vianet Group Inc:Announces that Company and its affiliate have entered into definitive agreements to acquire from DYXnet Group entire equity interest in Dermot Holdings Limited and its subsidiaries (collectively, the Dermot Entities).Says which operate Virtual Private Networks (VPN) business unit within DYXnet Group and include without limitation to Diyixian.com Limited and Shenzhen Diyixian Telecom Company Limited.  Full Article

21Vianet Group Inc and GigaTrust Sign exclusive partnership agreement for China
Wednesday, 16 Jul 2014 08:00am EDT 

21Vianet Group Inc and GigaTrust:Signs exclusive partnership agreement for China market.21Vianet will market and sell portfolio of GigaTrust security products to enterprises and Office 365 cloud subscribers in China.Says this partnership will provide Office 365 enterprise customers in China the ability to protect and render secure emails and documents from anywhere using Android and iPhone mobile devices.  Full Article

21Vianet Group Inc announces pricing of 2 bln bonds
Wednesday, 18 Jun 2014 08:00am EDT 

21Vianet Group Inc:Priced offering of 2 bln Ringgit in aggregate principal amount of Ringgit denominated bonds due 2017 at an interest rate of 6.875 pct per annum.Bonds are being offered outside US in reliance on Regulation S under Securities Act of 1933, as amended.Interest on bonds is payable semi-annually in arrears on, or nearest to, June 26 and Dec. 26 in each year, commencing on Dec. 26, 2014.Bonds are not rated.Intends to use proceeds to add new data centers, to fund acquisitions, to purchase, pursuant to a tender offer, Ringgit denominated bonds due in March 2016 with 1 bln Ringgit in aggregate principal amount and coupon rate of 7.875 pct per annum.Says 2016 bonds issued by company in March 2013, to pay consent fee pursuant to invitation to all holders of 2016 Bonds to approve certain modifications to terms and conditions of the 2016 Bonds and for general corporate purposes.Barclays Bank PLC is acting as sole global coordinator, bookrunner and lead manager for transaction.Expects to close offering of bonds on or about June 26.  Full Article

21Vianet Group Inc to Invest in Aipu Network Co., Ltd
Wednesday, 4 Jun 2014 08:34am EDT 

21Vianet Group Inc:Enters into definitive agreements to invest in Sichuan Aipu Network Co., Ltd. and its affiliates.21Vianet will own, both directly and indirectly, an about 50 pct ownership interest in Aipu Group and become its single shareholder.Amount of 21Vianet's cash investment is not disclosed.Other shareholders of Aipu Group will have option to sell their remaining interests in Aipu Group to 21Vianet based on certain performance-based metrics over next three years.  Full Article

21Vianet Group Inc gives Q2 2014 guidance; reaffirms FY 2014 guidance
Thursday, 22 May 2014 04:01pm EDT 

21Vianet Group Inc:Expects Q2 2014 net revenues to be in the range of 642 million yuan to 658 million yuan.Expects Q2 2014 Adjusted EBITDA to be in the range of 132 million yuan to 138 million yuan.Expects FY 2014 net revenues to be in the range of 2.71 billion yuan to 2.85 billion yuan.Expects FY 2014 Adjusted EBITDA to be in the range of 566 million yuan to 595 million yuan.  Full Article

Short sellers target China, this time from the shadows

HONG KONG - Short-sellers who profit from stock price declines have resumed targeting Chinese companies after a three-year lull, but many of the researchers who instigate the strategy are now cloaked in anonymity, shielding themselves from angry companies and Beijing's counter-investigations.

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