bill - 2:01 am on Dec 13, 2013 (gmt 0)
Qihoo Aiming To Become Force In Internet Security
The company recently announced plans to boost its stake in PSafe Tecnologia, a Brazilian provider of antivirus software.
"With a goal to become the biggest name in the global security service industry, Qihoo has begun its expansion activities in certain less-developed countries like Brazil, India, Russia and South Africa where it has identified growth prospects," Zacks Equity Research said in a note Monday.
Interesting that they're following after a lot of the markets where Chinese investment is going.