Chinese search giant Baidu has acquired online security outsourcing company Anquanbao for an unknown sum. The startup has previously received several financing rounds from Northern Light Ventures, Beijing-based incubator Innovation Works, Alibaba and Tencent. The existing investors will exit after the transaction, which means that Anquanbao will become a fully-owned subsidiary of Baidu.
Anquanbao is a cloud-based software program that helps protect websites from security violations like malware and distributed denial of service (DDoS) attacks. Its product can be easily installed on any website to safeguard it against hackers and security violations.
The company has cooperated with AWS China to offer clients enterprise firewall services. Its customers include big names like SAE, Tencent Cloud, DNSPOD, 51DNS, and more.
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