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Qihoo Aiming To Become Force In Internet Security

2:01 am on Dec 13, 2013 (gmt 0)

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http://news.investors.com/investing-international-leaders/121213-682749-qihoo-works-on-new-base.htm [news.investors.com]

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.

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