On March 7th, 2014, Beyondsoft announced that it has entered into an agreement with Shanghai Hongzhi Information Technology Co. , Ltd. to acquire 100% shares of the company.
Headquartered in Shanghai, Hongzhi focused on Consulting Services, Software Product, IT Services, Application Development, Maintenance Services, System Integration and other value-added services with financial institutes and government departments. The acquisition will strengthen Beyondsoft ability on Banking and Finance, and will complete the transition from traditional outsourcing business to industry solutions and big data field.
Beyondsoft (Shenzhen Stock Exchange listed, 002649) is one of Asia's top-notch, full-spectrum IT services and industry solutions providers with global delivery capabilities. Headquartered in Beijing, China, Beyondsoft possesses nationwide branches and research centers, as well as an international footprint in the United States, Canada, Japan, Singapore, and India. Our cross-globe network of talents, flexible engagement models, and multi-tiered offshore delivery centers enable us to provide top-quality cost-effective services on an unparalleled scale. Beyondsoft, a CMMI Level 5 certified company, has achieved impeccable and mature management processes that ensure that the quality of its services meets the strictest standards. In addition to promoting quality, we are in compliance with ISO27001 and follow the highest security criterion to protect the intellectual properties of all our clients.