CDNetworks changes its largest shareholder to Wangsu Science & Technology
On March 24th, Hong Kong Wangsu Science & Technology officially acquired 98% of CDNetworks from KDDI, a Japanese telecommunications company. Wangsu Science & Technology is the largest Content Delivery Network (CDN) in China. The company was established in China in 2000 and listed on the Shenzhen Stock Exchange in 2009. Wangsu is a global company, which provides CDN, IDC and Cloud services. The company has subsidiaries in the U.S., Hong Kong and other countries, is based in Beijing headquarters, and employs 2,800 people. In 2016, its annual sales reached 4.4 Billion Yuan.
The combined companies will offer a network that is also unmatched in global reach with significant presence on the six major continents. By joining infrastructure and experience, organizations can now leverage Wangsu Science and Technology and CDNetworks’ combined network of 930 nodes with 34Tbps bandwidth with their core CDN and cloud security products outside of China. CDNetworks’ Global CDN services will continue to provide an aggressive competitive edge to Global Enterprises worldwide, now integrated with Wangsu.
Top Performing CDN in China
Since December 2016, China domain names have grown by 34.4%, with Internet users reaching 53.2% of the total population, nearly equivalent to all inhabitants in Europe. A significant amount of the capital Chinese Internet consumers and businesses spend is on content, products and services of Western origin. This offers a fantastic opportunity for US- and European-based companies to expand into China.
CDNetworks and Wangsu Science & Technology are consistently rated as the #1 and #2 top performing CDN platforms in China. Leveraging the combined networks will not only solidify its top standing for high performance, but increase capacity in China as well. CDNetworks and Wangsu Science & Technology have established multiple Points of Presence (PoPs) in Mainland China to deliver web content and are uniquely equipped with local knowledge and experience with the government to assist in establishing the proper licenses and relationships for your business.
Designed for China delivery, Wangsu Science & Technologies has recognized the potential in CDNetworks’ top performing CDN platform and its industry award winning Cloud Security solutions to assist global businesses achieve China market entry expansion without sacrificing performance.
About CDNetworks
CDNetworks is a global content delivery network (CDN) with a fully integrated cloud security solution, offering unparalleled speed, security and reliability for the almost instant delivery of web content. Optimized for any device, browser and network, we ensure all users have a fast and safe web experience – whether you’re serving B2B or B2C customers, mobile employees or remote offices.
CDNetworks accelerates and secures websites and web applications over our strategically built network of global PoPs in both established and emerging markets. We specialize in those parts of the world where keeping a website accessible is most difficult: Mainland China, Russia, South East Asia and the Middle East.
Since 2000, we have been providing our customers with exceptional customer services and support, thanks to our teams of dedicated tech engineers located across the globe. CDNetworks has offices located in the US, UK, France, Germany, South Korea, China, Japan and Singapore. For more information, please visit www.cdnetworks.com
