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Article: CDC Software Agrees to Acquire Informance for Expansion of CDC Factory Product Line.
- Article from:
- Business Wire
- Article date:
- May 14, 2009
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Marks Second Acquisition Agreement in Less Than 100 Days
HONG KONG & ATLANTA -- CDC Software, a wholly-owned subsidiary of CDC Corporation (NASDAQ: CHINA) and a provider of industry-specific enterprise software applications and business services, today announced it has signed a binding term sheet to acquire, Informance International, a provider of enterprise manufacturing intelligence (EMI) solutions, in exchange for shares of CDC Software. The acquisition is subject to several customary closing conditions, including the execution of definitive documentation related to the acquisition, the receipt of all requisite approvals and consents, and the satisfactory ...