Digital China to Invest USD 56 Mln in Japan's SJI
Netease Tech, 11/02/09
According to Japanese media reports, Chinese IT services and system integrations provider Digital China (0861.HK) and its associated companies are in talks to invest JPY 5 bln (USD 56 mln) into Japanese systems software developer SJI. Digital China is considering using private placement or stock warrants to buy into SJI, and may end up with as much as 40% of the company. Digital China hopes to use the purchase to acquire high-end Japanese systems technology to help it win contracts with Chinese financial, telecommunications, and government organizations.
Keywords: hardware 0861.HK IT services Digital China M&A software systems integration overseas Japan
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