Monday, January 25, 2010

Tang Jun 25 million U.S. dollars to buy four IT companies need to do, "a grand second"

Steeped in traditional industries Tang Jun return to the last two years of IT industry. Yesterday, the Xinhua News Hong Kong and Macao are all Group announced that 25 million U.S. dollars in value of shares and cash, comprehensive acquisition includes Chihiro network, travel network together, promote science and technology, Shenglong team and three other IT companies. Jun Tang claimed that in the next three years to create two listed companies, to the "old owner" challenge, Yuzuo "grand second."

The acquisition paid 25 million U.S. dollars in cash and stock in cash and stock proportion is about 1:4. Tang Jun and self-funded about 49%, including his own expense and hold all shares of Xinhua. Hong Kong and Macao information is a company engaged in securities investment consulting and financial IT development and solutions for high-tech enterprises. The Hong Kong and Macao of information acquired four IT team, Chihiro network has a web-based Flash technology, stock quotes, online trading; Shenglong team from the client's mobile phone stock quotes and trading technology, Hong Kong and Macao to fill information gaps; Alliance Tour Internet data network has a core of intelligent analysis and engine technology; promote the science and technology is nearly ten years experience in IT service outsourcing. Tang Jun said that, through the integration of resources, Hong Kong and Macao will open up a new business model of information in the next few years, online games industry has unlimited opportunities. He even recycled a grand ambition to be "the probability of a re-created Tencent is zero, do a grand network, chances are very high."