Neusoft is expanding its operations faster through partnerships and acquisitions. The three companies will be integrated into Neusoft’s global mobile solution business unit and will employ nearly 250 people in Europe. The acquisition is expected to be approved by Chinese regulators soon.

The acquisition will help Neusoft upgrade its ability to develop, design and test software for mobile phones and other mobile communication terminals as well as further expand its market in Europe and the Americas.

Finland-based Sesca Group is an international company which delivers ICT systems for companies within energy production and ICT industries.

Neusoft now has six software development bases, eight regional headquarters, 16 software development and technical support centers, and a marketing and service network in more than 40 cities across China.

Founded in 1991, Neusoft has established three institutes for software development that have more than 25,000 students, and annually provide about 6,000 graduates for the company and other enterprises throughout the country.

Neusoft has also built a vocational training base for IT professionals that train tens of thousands of students each year.

Neusoft posted net profits of 237 million yuan in the first half of this year, up 31.6 percent from the same period of last year.

Source : Konaxis