logo-loader
viewVanceInfo Technologies

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

headsetoncomputer350_4a4e00971c259.jpg

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.

Quick facts: VanceInfo Technologies

Price: - -

NYSE:VIT
Market: NYSE
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Alpha Growth PLC’s Danny Swick and Austin King describe the BlackOak Alpha...

Alpha Growth PLC (LON: ALGW) Chief Operations Officer Danny Swick and Investor Relations Officer Austin King joined Steve Darling from Proactive with news the company has started their BlackOak Alpha Growth Fund which is their life settlement investment fund geared toward U.S. investors. Both...

2 hours, 41 minutes ago

2 min read