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Foxit Software (688095.SH): unit to buy out U.S. software firm for no more than USD28 mln
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.
China's software and information technology sector sees rising revenue in Jan.- July
China's software and information technology sector posted robust growth in both revenue and profits in the first seven months of this year, official data from Ministry of Industry and Information Technology(MIIT) showed.
Tax reduction gives stimulus to China's high-tech hub
Integrated circuit and software enterprises in south China's tech hub Shenzhen, Guangdong Province, enjoyed a total of 4.2 billion yuan (about 605 million U.S. dollars) in tax concessions in the first half of the year, according to the Shenzhen branch of the State Taxation Administration (STA).
China to promote cluster development of IC, software industries
China's cabinet, the State Council, has recently unveiled a string of policies to promote the cluster development of integrated circuit (IC) industry and software Industry, reported the www.gov.cn on Tuesday.
China to speed up software talents cultivation
With the new infrastructure construction is accelerating, China is also speeding up digital talent cultivation.
China's services production decline narrows in April
China's Index of Services Production fell 4.5 percent year on year in April, narrowing from 9.1 percent in March, as economic activities continued to recover, data from the National Bureau of Statistics (NBS) showed Friday.
Neusoft inks strategic cooperation agreement with Guangxi
Chinese IT solution provider Neusoft (600718.SH) signed a strategic cooperation agreement with the government of south China's Guangxi Zhuang Autonomous Region on Monday to jointly promote the building of digital Guangxi, reported the Xinhua-run China Securities Journal.
Teamviewer has mixed start on the stock exchange - high issue proceeds
The software company Teamviewer had a mixed IPO on Wednesday. After the owner of the company, the financial investor Permira, raised just over 2.2 billion euros with the sale of the shares, the share price decreased due to a weak market environment.
China to extend preferential biz income tax for software sector, report
China's preferential business income tax (BIT) policies for software sector have been researched over and passed on an executive meeting of the State Council, the Chinese cabinet, reported Economic Daily Wednesday.
Silicon Valley invests in software start-up company Instana
Prominent risk capital investors have provided growth capital of 30 million dollars in the German start-up software company Instana.
Software copyright registrations soar in China
China received more than 400,000 new software copyright registrations in 2016, a year-on-year increase of 39.48 percent, according to a report released Friday.
Germany's SAP sees opportunities for SME business
German software company SAP SE will focus on small and medium-sized clients to grow its cloud business in China this year, after it posted its best-ever financial year in the region in 2016.
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