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News Breaks
November 3, 2009
08:36 EDTCHINA
theflyonthewall.com: CDC reaches agreement with Nanjing to acquire Jiangsu
CDC Global Services, a wholly-owned subsidiary of CDC announced it has executed a term sheet with the Nanjing High-Tech Zone to acquire a 35 percent stake, with an option for up to a 51% stake, in Sowell, known also as the platform of Jiangsu Microsoft Technology Center, that is expected to help fuel CDC Global Services’ rapid expansion in the growing IT outsourcing services market in China. :theflyonthewall.com



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