BlueFocus Invests USD 49 Mln in Big Data Companies
BlueFocus, 12/15/14
Beijing-based brand management solutions firm BlueFocus Communication Group (300058.SZ) has announced that its wholly-owned Hong Kong subsidiary will purchase 4.264 mln preferred shares of Beijing-based data solution provider Admaster as part of the company's Series C funding. Upon completion of the USD 24.375 mln transaction, Bluefocus will hold an 11.69% stake in Admaster.
Bluefocus will also invest USD 25 mln in Shanghai-based big data solutions provider Zamplus Technology as part of the company's Series C funding. The 312,500 preferred shares will amount to a 14.29% stake in Zamplus.
Both Admaster and Zamplus are primarily involved in big data marketing services.
Keywords: online marketing M&A funding Admaster Zamplus software BlueFocus big data 300058.SZ third-round
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