AsiaInfo International Announces Strategic Sale to CloudNet.AI
26 February
|Barcelona, Spain


Time & Location
26 February
Barcelona, Spain
About the event
Barcelona, Spain, February 26 - On the first day of Mobile World congress, AsiaInfo International announces it has entered into an agreement for acquisition by CloudNET. AI, an investment holding company owned by Steve Chang, the founder of Trend Micro, a global cybersecurity giant. Equipped with extensive global entrepreneurial expertise, he possesses the background, ability, and resources to effectively navigate various challenges worldwide, actively adapting to the constantly evolving digital landscape. Given the enormous potential and prosperous opportunities of current AI-enabled technologies and applications worldwide, Steve is motivated by his entrepreneurial passion to strategically establish a presence in the digital landscape. This is achieved by founding the investment holding company CloudNET. AI to increase global investments and add value in telecommunications, open RAN, cybersecurity, and artificial intelligence industries.
Upon completion of the acquisition transaction, Edward Tian, the founder of AsiaInfo International, will transfer the accumulated knowledge and know-how in telecommunication…