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VanceInfo Announces Acquisition of Hong Kong-based CRM Solution and Service Provider

BEIJING, July 3 /PRNewswire-Asia/ -- VanceInfo Technologies Inc. (NYSE: VIT) ("VanceInfo"), an IT service provider and one of the leading offshore software development companies in China, today announced that it has acquired the operating subsidiaries of TP Corporation Limited ("TP"), a Hong Kong-headquartered provider of Customer Relationship Management ("CRM") solutions and call center services. Under the terms of the acquisition agreement, VanceInfo will pay an initial consideration of approximately US$1.1 million in cash.

less than 428 day(s) - Friday July,03 2009 @ 12:17 PM
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