Rumor: Sogou in Talks to Acquire Soso
BiaNews, 2/16/13
According to an industry source, Chinese internet firm Sohu's (Nasdaq: SOHU) online search subsidiary Sogou is currently in talks to acquire Tencent's (0700.HK) online search engine Soso. If successful, Sogou will take over Soso's desktop search business and merge the company's sales and other strategic business units into Sogou.
Editor's Note: For more information on this topic, please see "Search Contributes 74% of Sogou 2012 Revenue," MD 2/05/13 issue.
Keywords: Internet online search Sogou Soso Tencent Sohu 0700.HK M&A