[Reuters] Baidu says agrees to buy Netdragon's 91 Wireless for $1.85 billion

Posted by: UGN Security

[Reuters] Baidu says agrees to buy Netdragon's 91 Wireless for $1.85 billion - 08/14/13 04:40 AM

BEIJING (Reuters) - China's Baidu Inc said on Wednesday it has agreed to buy the app store of Hong Kong-listed Netdragon Websoft Inc for $1.85 billion in cash in what would be the biggest deal in China's IT sector.