Chinasoft on the prowl to beef up outsourcing

Information technology company Chinasoft International plans an outsourcing spending spree in China after its US$20 million capital injection from Microsoft and International Finance Corp (IFC) this September.

Chinasoft said it had a handful of buyout targets which, if finalised, could help it seize the cream of the mainland outsourcing business, estimated by international research house International Data Corp to be worth US$466 million.

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