Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road
Company

Foxit Software (688095.SH): unit to buy out U.S. software firm for no more than USD28 mln

September 15, 2021


Abstract : Fujian Foxit Software Development Joint Stock Co., Ltd. (688095.SH) announced on late Tuesday that its wholly-owned subsidiary DocuSavvy Technologies Limited will buy a 100-percent stake in AccountSight for no more than 28 million U.S. dollars.

Foxit.png

BEIJING, Sept. 15 (Xinhua) -- Fujian Foxit Software Development Joint Stock Co., Ltd. (688095.SH) announced on late Tuesday that its wholly-owned subsidiary DocuSavvy Technologies Limited will buy a 100-percent stake in AccountSight for no more than 28 million U.S. dollars. 

AccountSight is a Software-as-a-Service (SaaS) company that mainly provides electronic signature services. Founded in 2012, AccountSight is headquartered in Cupertino, California, the USA. 

At present, Mahender Bist and Anita Bist hold 49-percent and 51-percent stakes, respectively, in the U.S. company. 

The acquisition will help extend industrial chain, expand business scope and further enhance its core competitiveness, said the Shanghai-listed company. 

Based in Fuzhou, capital city of east China's Fujian Province, Fujian Foxit Software Development is engaged mainly in providing portable document format (PDF) related software and products. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: software Foxit

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial