ChineseNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Has Signed Three-Year Framework Agreement with Leading Cloud Service Provider in China
Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, has signed a three-year framework agreement with Kingsoft Cloud Holdings Limited (NASDAQ: KC). The agreement, which has been in place since August 2020, calls for Blue Hat to provide mainframe hosting, system maintenance, troubleshooting and other services for Kingsoft Cloud, which is a leading cloud service provider in China. The agreement follows Blue Hat’s late-2020 acquisition of Xunpusen Technology Co. Ltd. and is an indication of BHAT’s expanding internet data center ("IDC") business. IDC enables hosting enterprises, merchants,…