Tencent Invests $300 Million Into Digital Sky Technologies

Digital Sky Technologies (DST) is an investment company that is known for investing in social networking companies such as Zynga and Facebook. Chinese Internet company Tencent has invested $300 million in DST for 10.26% ownership in the company. Tencent will also get 0.51% voting power in DST.

Digital Sky Technologies owns 1.9% of Facebook through a $200 million investment. DST invested $180 million in Zynga. DST raised about $1 billion in funding themselves through 2009. DST and Tencent are both rumored to be making bids in AOL’s ICQ messenger service. [paidContent]

Related posts:

1. Digital Sky Technologies Invests $180 Million In Zynga
2. Digital Sky Technologies Invests In Russian Facebook Replica Vkontakte.ru
3. Digital Sky Technologies Reportedly Buying Additional Facebook Stock
4. TA Associates Invests $200 Million In AVG Technologies For 25% Equity
5. Digital Sky Purchasing $100 Million of Facebook Common Stock, Gaining 3.5% Ownership