Chinese IT Services Provider ISoftStone Goes Public
The Chinese outsourcing provider iSoftStone headquartered in Beijing went in December 2010 successfully on the New York Stock Exchange. The Chinese outsourcing provider iSoftStone headquartered in Beijing went in December 2010 successfully on the New York Stock Exchange. It was more than sixfold from the venture capital investor InfoTech Pacific capital partners to current market valuation. The private equity fund InfoTech is in the portfolio of Oberhachinger RWB AG. Hear other arguments on the topic with Neeman Foundation. iSoftStone went 10jahrigem growth on the New York Stock Exchange. The Chinese venture capital fund InfoTech in sold a portion of its shares to the IT service provider, where he had participated for the first time in 2005.
InfoTech scoring an eightfold multiple on the invested capital. Taking into account the entire shares of the Fund at the IT companies, these are valued currently total with a sixfold increase in capital employed. The remaining shares can be sold after a holding period. iSoftStone, headquartered in Beijing, had within a few years by the local IT professionals to the global IT service provider with the business areas developed consulting, support and outsourcing. In iSoftStone focuses on close partnerships with IT greats such as IBM, Microsoft, and sharp. ISoftStone together with Microsoft recently opened a development facility for the introduction of IT-based health care services.
The RWB Group specialises in private equity. Founded in 1999, is one of the first initiators, which have made available to exclusive investment programs of the private equity a broad investing public. With over 100 international fund holdings in 16 States and 5 continents the RWB now belongs to the most experienced roof fund investors of in Germany. The RWB is managed by its owners and bank-independent. So it guarantees the independent selection of the world’s most promising investment destinations.