BlueFocus brings China into in-flight Wi-Fi services era

ChinaBlueFocus Communications Group, a major Chinese advertisement firm, has announced its investment through a wholly owned subsidiary in a 25% stake in Beijing Xilehang Technology, the exclusive Wi-Fi internet access service provider for HNA Group. The stake went for 200 million yuan (US$32.2 million), according to Sina’s tech news portal. Xilehang has been offering internet service through its proprietary Wi-Fi system, which has earned HK STC (Hong Kong Standard and Testing Centre) certification, the first for such a Chinese system.

BlueFocus Acquires Stakes In Two Chinese Mobile Ad Companies

ChinaBrand management company BlueFocus Communication Group will acquire two major mobile advertising companies Domob Limited and Madhouse Inc. The report revealed that BlueFocus will acquire a 100% stake in Domob Limited and a 95% stake in Domob Network Technology for USD289 million; and the company will acquire a 51% stake in Madhouse Inc. for USD61.2 million. At the same time, BlueFocus will invest an additional USD10 million in Madhouse and they will hold a 54.77% stake in the latter on the completion of the investment.