VanceInfo Technologies/hiSoft Technology

China's VanceInfo and hiSoft in merger of equals

VanceInfo Technologies and hiSoft Technology merge in an all-stock marriage to create an IT powerhouse in China.
<div style="text-align: left;"> HiSoft's ADSs are listed in New York on Nasdaq </div>
<div style="text-align: left;"> HiSoft's ADSs are listed in New York on Nasdaq </div>
August 13, 2012

VanceInfo Technologies announced on Friday that it would merge in a 100% stock-for-stock transaction with its rival hiSoft Technology to create what they say will be the biggest China-based offshore IT services provider by revenue.

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