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Qihoo 360 completes privatization, dismantles VIE structure

( August 23, 2016, 03:05 GMT | Insight) -- The privatization of Beijing-based Qihoo 360 Technology, a leading security software designer, has been completed, and the company is now dismantling its variable-interest-entity structure, Zhou Hongyi, Qihoo 360's chairman, told media late yesterday, according to a Shanghai Securities News report. The privatization of Beijing-based Qihoo 360 Technology, a leading security software designer, has been completed, and the company is now dismantling its variable-interest-entity structure, Zhou Hongyi, Qihoo 360's chairman, told media late yesterday, according to a Shanghai Securities News report. The company will seek new opportunities to provide national information network security services, and especially corporate information security services....

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