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Outsourcing firms merge to tap big market

By Shangguan Zhoudong (chinadaily.com.cn)
Updated: 2009-04-01 11:45

MDT InfoTech, one of the leading offshore software outsourcing companies in China, announced its merger completion on March 31 with another China-based outsourcing company, CapInfoTech.

Related readings:  China takes measures to boost service outsourcing  Report: China IT outsourcing has opportunity to grow  Service outsourcing to drive Shanghai's economy  IT outsourcing giant to set up new center

At the completion of the merger, MDT InfoTech will have strengthened its core business in offshore software outsourcing, technical onsite services, and IT consulting.

"The successful merger has greatly improved MDT's core competency, business scalability, geographic markets and vertical industries coverage, and technical capabilities," said Henry Wang, president of MDT InfoTech.

Martin Lou, president at CapInfoTech said, "CapInfoTech built a business partnership with MDT InfoTech in 2008. Executives from both companies soon found that outsourcing business of the two companies would have significant complementary advantages. "

"Additionally, senior managers of both companies hold a very close vision of outsourcing trends and the company's strategy. So we came together to win and share the business success," said Lou. "What we are trying to do through the merger is to overcome the short-term difficulty and get prepared for the economic recovery as a stronger and faster company," he added.

MDT InfoTech is a software outsourcing company dedicated to providing high-quality IT outsourcing, on-site services, and business process outsourcing services to global companies.

CapInfoTech has established long-term relationships with many multi-national companies, such as Microsoft, IBM, Google, and Alibaba. The company is headquartered in Beijing, and has offices in Shanghai, Dalian, Shenzhen and the US.