NQ seems to have acquired the following companies in 2014. Mostly NQ will mention about this acquisitions in next earnings call. No idea how much NQ spent for acquiring these companies.

1. Expai

• http://expai.com    This company is incorporated in 2012 and also a subsidiary of NQ - http://tinyurl.com/n7vk4mf . A chinese advertising technology company making interactive technology pioneer and market leader in visual search technology. Expai offers image-based online advertising over mobile devices and PC.
• Outside China, Expai has an office in Santa Clara, CA. http://expai.com/abouts.html I am able to reach them on phone and I confirm this office exists.
• NQ started with strategic investment in Expai in early 2013, I think now NQ owns 100% of this company as I see job postings of this company on NQ hirings site.
• NQ is actively hiring developers and managers for this division and posted 15 job postings for 18 positions since Aug 14th after acquisition. http://nq.hirede.com/careersite/index (open in chrome. filter the jobs by department : 亿拍 ( 'one hundred million shot' )

2.  Beijing Trustek Technology Co., Ltd

• http://www.trustek.cn/ Founded in 2010 and focused on government and domestic enterprises. Provides MDM services. Trustek is authorized apple CORPORATE reseller.
• NQ is hiring developers and managers for this division and posted 10 job postings for 15 positions in 2014 after acquisition. http://nq.hirede.com/careersite/index (open in chrome. filter the jobs by department : 正定方信 ( 'Zhengding side letter' )
• http://www.cdmc.org.cn/2014/mhss/s-spo.asp It is mentioned that Trustek is subsidiary of NQ.

3. Beijing Science and Technology Development Co., Ltd. Rehm Unlimited

• It is a mobile game development company. Founded in 2012. http://tinyurl.com/msa6a68
• Released games such as Summon the dragon, Gold secrets of the past and Martiel etc..
• FL mobile acquired this comany in 2014 - http://itjuzi.com/company/817
• Company website - http://www.red-infinity.com  seems to be down or may be taken down as this might have merged into FL mobile.
• Haven't seen any job postings on NQ career site, but company name is present in the department filter list on career site. Indication that this company belongs to NQ.

4. Beijing Century Hetu Software Technology Co., Ltd

• Founded in 2011. This company is a mobile game developer and they released games such as First Empire and Pocket Dream.
• http://hz.gamehetu.com/
• NQ acquired 20% for $1.7 million in 2013. I think now NQ owns 100% of this company as I see job postings of this company on NQ hirings site.
• NQ is actively hiring developers and managers for this division and posted 2 job postings for 2 positions since July 31st. http://nq.hirede.com/careersite/index (open in chrome. filter the jobs by department : 世纪鹤图 ( 'Century Crane Figure' )

5.  Shenzhen Bo Technology Co.,Ltd

• Company website www.symbolmedia.cn . FL mobile and Expai listed as partners at the end of the home page. I'm sure this is owned by NQ as I see job postings on NQ career site for this company.
• Founded in 2011.
• NQ is actively hiring developers and managers for this division and posted 3 job postings for 3 positions since Aug 28th. http://nq.hirede.com/careersite/index (open in chrome. filter the jobs by department : 新博 ( 'New Bo' )

6.  Tianjin HuaYong Wireless Technology (vLife) - acquired 58% for $80 million

• http://info.vlifepaper.com/ 'NQ Live' product is developed using VLife technology.
• http://blog.nq.com/background-on-sprint-music-live-pr-and-nq-live-update/ 'Sprint Live' is powered by NQ Live
• http://www.prnewswire.com/news-releases/china-telecom-adopts-nq-mobiletm-vlife-technology-for-mobile-cloud-platform-271982451.html China Mobile adopts NQ Live technology for its mobile cloud platform

It seems some of these acquisitions like FL Mobile, NationSky, Rui Feng, Doreso and VLife are turned out to be VERY good investments at the end. Particularly, FL Mobile and NationSky is going to contribute 40-50% of total NQ revenues this year. Also, NQ recently sold around 5% stake in both these companies which gives them "post-money valuation" of almost $1 billion combined. Also, impressed with recent Sprint/China Mobile deals on NQ Live front.

I guess these acquisitions might be the reason why Deloitte took almost 7 months to complete its investigation.

'gaosl11' pid='50792' datel Wrote:New Bo (it's actually called symbolmedia, symbol is chinese pronounce of 新博) website: http://www.symbolmedia.cn/

Thanks gaosl11. Actually i ended up with this website during research, but since the website is  related to some asia pacific news app  I thought I ended up witth some wrong site and ignored. But now I noticed FL mobile and Expai listed as partners at the end of the home page. So i am sure this is the right website.

'nani4215' pid='50793' datel Wrote:

'gaosl11' pid='50792' datel Wrote:New Bo (it's actually called symbolmedia, symbol is chinese pronounce of 新博) website: http://www.symbolmedia.cn/

Thanks gaosl11. Actually i ended up with this website during research, but since the website is  related to some asia pacific news app  I thought I ended up witth some wrong site and ignored. But now I noticed FL mobile and Expai listed as partners at the end of the home page. So i am sure this is the right website.

My guess is that they have some contractor project for asia pacific news to bring their newspaper business on the mobile. One of Expai application can let user take picture of paper news of asia pacific newspaper and search mobile link of that news, so people can easily share/discuss/follow up news they see on the tranditional newspaper.

some interesting idea, maybe would be a revolution in the future newspaper industry. but right now i don't have any high expectation of either Symbol media or Expai

Outside China, Expai has an office in Santa Clara, CA. http://expai.com/abouts.html I am able to reach them on phone and I confirm this office exists. Updated the first post accordingly.