3 Acquisitions of Companies in Shanghai

January 15, 2023
Acquisitions Hub

M&A activity has seen a steady increase across the globe over the past decade, especially in Shanghai. Startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 3 acquisitions that took place in Shanghai .

fUGAO acquired by Wonders Information

Details about the transaction:

Acquisition amount:

$97,242,542

Announcement:

30 July 2014

Details about the company:

A firm that offers medical information system solutions is called fUGAO.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Industry:

Health Care, Medical, Software

Details about the buyer:

A supplier of software and services for information technology in the public sector is Wonders Information.

Headquarter:

Minhang, Shanghai, China

Where to find them:

Dacheng Network acquired by KongZhong

Details about the transaction:

Acquisition amount:

$80,000,000

Announcement:

15 December 2009

Details about the company:

A provider of online interactive entertainment is Dacheng Network.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Industry:

Digital Entertainment, eSports, Gaming

Details about the buyer:

KongZhong offers consumers in the People's Republic of China digital entertainment services.

Headquarter:

Beijing, Beijing, China

Where to find them:

Haoya Intelligent Technology acquired by AInnovation

Details about the transaction:

Acquisition amount:

$22,968,490

Announcement:

30 May 2022

Details about the company:

An automated intelligent material system and service supplier is Haoya Electromechanical.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Industry:

Big Data, Cloud Computing, Intelligent Systems

Details about the buyer:

AInnovation owns and runs a business that provides various businesses with artificial intelligence-based goods and services.

Headquarter:

Haidian, Beijing, China

Where to find them: