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Article: China: Primeton Obtains RMB 100 Mln Funding.
- Article from:
- TendersInfo
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: deepak03
SOA component developer Primeton has announced that it has received RMB 80 mln in funding from Chinese venture capital firm Sinovo, and another RMB 20 mln from the Tianjin Heguang Equity Fund. The percentage of Primeton's equity this investment represents was not released. Primeton CEO Shen Huizhong said that the company would use the RMB 100 mln in capital to integrate personnel and software resources for infrastructure software development.
Primeton is an SOA middleware infrastructure software developer, and was established in 2001. Its primary products are EOS, an SOA ...