BEIJING, April 24, 2014 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq:VNET) ("21Vianet" or the "Company"), the largest carrier-neutral internet data center services provider in China, announced today that it has signed a strategic partnership agreement with the leading global electronics manufacturer, Foxconn Technology Group (TWSE:2354) ("Foxconn"), in Beijing, with the attendance of Terry Guo, the Chairman and CEO of Foxconn, and Josh Chen, Chairman and CEO of 21Vianet. Pursuant to the agreement, Foxconn will utilize its strategic advantages in terms of resources and capabilities to build carrier-neutral internet data centers for 21Vianet. In addition, the companies will jointly cooperate to develop innovative cloud services targeting the Chinese market. This partnership will further enhance the technical capabilities of 21Vianet's self-built data centers in terms of speed and scale, and help the Company remain ahead of the growing demand for data centers and cloud services in China and abroad.
21Vianet Signs Strategic Partnership Agreement With Foxconn
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.