hiSoft Expands Telecom Expertise Through Horizon Acquisition

On February 1, 2010, hiSoft Technology International Ltd. announced the acquisition of Horizon Information & Technology Co., Ltd., one of China’s best-known software testing service providers. This deal is great news to both Horizon and hiSoft clients and employees because the combined passion, creativity and technology of these two leading-edge companies will allow the new entity to strengthen their ability to provide software testing services that enable business value, guaranteed, for their clients.

The combination of hiSoft and Horizon results in China’s largest, most innovative and strongest software outsourcing organization with deep expertise in testing software for the telecommunications industry. The acquisition brings together some of the industry’s strongest software testing methodologies and most unique technologies for building, managing and delivering compelling software quality assurance services. The acquisition also accelerates hiSoft's strategic initiative to advance its global leadership position amongst the Chinese IT outsourcing giants in software testing even more firmly into the China domestic market.

Horizon was founded in April 2000, and has an exceptional history of providing clients professional, best in class software testing services in China. Horizon’s in-depth understanding of telecommunication technology and unique software testing needs have allowed them to become the major software testing service provider for the largest telecom operators in China.

According to the Executive Chairman of hiSoft, Cheng-Yaw Sun, “I am confident that the deep knowledge and experience of this newly added team will bring tremendous value to our clients who depend on us to ensure the quality of their software testing, especially in the telecommunication services sector.”

With the acquisition of Horizon, Mr. Johnson Sun, formerly CEO of Horizon, has been appointed as Leader of the China Business Unit Application Testing Solution Department. Mr. Sun expressed his confidence in the value of this acquisition as well, “Our esteemed clients will not only continue to receive the same quality of deliverables and customer service that they have come to expect from Horizon, but now also have the ability to call on us for even larger and more complex projects due to the incredible delivery infrastructure of hiSoft.”

For more information, please visit the following websites:

http://www.hiSoft.com

http://www.horizon-biz.com/abus.html