PE Week Wire — 8/22/06

Kingsoft Corp., a China-based online game and application software developer, has raised $72 million in VC funding from Intel Capital, New Horizon Fund and GIC Special Investments. The company also said that it is considering a $100 million overseas IPO listing sometime next year.

Cisco Systems Inc. (Nasdaq: CSCO) has agreed to acquire Arroyo Video Solutions Inc., a Pleasanton, Calif.