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Market: NYSE
Sector: Software
Epic: VIT
News: Latest news
Web Site: VanceInfo Technologies
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Friday March 12, 09:50Baobab Resources resumes drilling at Tete iron-vanadium-titanium project

Shares in the company were lifted by the news it started a 12,000 metres scout drilling campaign at its project in Mozambique, with constant updates expected in the next few months.

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Friday March 12, 01:39Circadian Technologies to present at Ultimate Healthcare & Biotechnology Event, March 24

Robert Klupacs, CEO of Circadian Technologies, recommended by US Investment Bank Merriman Curhan Ford, as "the Cheapest Little Antibody Company on the Planet" will present in Sydney.

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Friday March 12, 08:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

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VanceInfo Technologies

VanceInfo Technologies

VanceInfo Technologies Inc. is an IT service provider and one of the leading offshore software development companies in China. VanceInfo was the first China software development outsourcer listed on the New York Stock Exchange.

Friday, July 03, 2009

VanceInfo buys Hong Kong CRM software and call centre group for initial US$1.1 mln

company news image

Chinese IT services provider VanceInfo Technologies Inc (NYSE: VIT) said it has acquired the operating subsidiaries of TP Corporation Ltd, a Hong Kong-headquartered provider of customer relationship management (CRM) software and call center services.

VanceInfo will pay an initial US$1.1 million in cash and will pay an undisclosed further amount based on TP's financial performance in the next 18 to 30 months.

Headquartered in Hong Kong, TP develops and markets customer care software products in China and Southeast Asia and provides call center outsourcing services in Hong Kong.  For the five months ended May 31 2009, the estimated revenues of TP are approximately US$3.9 million.

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