isoftstone information technology, an investment project of china everbright ltd. completes privatisation
business related 30 aug 2014
on 29 august 2014, isoftstone information technology (group) co., ltd. (“isoftstone”), china’s largest technology service provider, announced that the company has completed its privatisation and delisted from the new york stock exchange in the united states. with the great support of the fund management team of china everbright limited (“everbright”)’s china special opportunities fund (“csof”), and through innovative arrangement of equity and debt financing, the management of isoftstone has successfully completed this complicated transaction
liu tianwen, chairman and ceo of isoftstone said, “this privatisation is an important milestone in the development of isoftstone and we believe that it will benefit the long-term development of the company. after the privatisation, the management team will focus on bringing the company even closer to the china market, and grasping the huge market opportunities arising from the rapid growth of china’s it services and smart cities. in the future, the company will build on its solid business foundation and focus on long-term strategic development. we will expand the time spent on research and development, and seek to realise leapfrogging growth through industry-specific and solution-focused strategic transformations. we seek to become a chinese it services company with a genuine ability to compete in the global market.”
about isoftstone
isoftstone is a leading chinese technology services provider serving clients worldwide. its integrated end-to-end “software & services” capabilities include consulting and solutions, system integration services, it outsourcing (ito), and business process outsourcing (bpo). isoftstone has become a go-to partner across a wide range of key industries, including communications, banking, financial services, insurance, power, energy, environmental protection, transportation, logistics, automotive, manufacturing, retail, e-commerce, and many others.
for more information of isoftstone, please visit .
liu tianwen, chairman and ceo of isoftstone said, “this privatisation is an important milestone in the development of isoftstone and we believe that it will benefit the long-term development of the company. after the privatisation, the management team will focus on bringing the company even closer to the china market, and grasping the huge market opportunities arising from the rapid growth of china’s it services and smart cities. in the future, the company will build on its solid business foundation and focus on long-term strategic development. we will expand the time spent on research and development, and seek to realise leapfrogging growth through industry-specific and solution-focused strategic transformations. we seek to become a chinese it services company with a genuine ability to compete in the global market.”
about isoftstone
isoftstone is a leading chinese technology services provider serving clients worldwide. its integrated end-to-end “software & services” capabilities include consulting and solutions, system integration services, it outsourcing (ito), and business process outsourcing (bpo). isoftstone has become a go-to partner across a wide range of key industries, including communications, banking, financial services, insurance, power, energy, environmental protection, transportation, logistics, automotive, manufacturing, retail, e-commerce, and many others.
for more information of isoftstone, please visit .
