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| Company type | Public (NYSE: VIT) |
|---|---|
| Founded | 1995 |
| Headquarters | Beijing, P.R.China |
| Key people | Chris Chen (CEO and founder) |
| Website | www.vanceinfo.com |
VanceInfo is an IT outsourcing company in China.
Company Overview
VanceInfo Technologies Inc. (NYSE: VIT) is an IT service provider and one of the offshore software development companies in China. VanceInfo was the first China software development outsourcer listed on the New York Stock Exchange. It ranked number one among Chinese offshore software development service providers for the North American and European markets as measured by 2010 revenues, according to International Data Corporation (IDC).
VanceInfo sells its services across a wide range of industries in the Technology, Telecommunications, Financial Services, Travel Services, Manufacturing and Retail & Distribution sectors. Clients include Microsoft, IBM, Expedia, Cathay Pacific, TIBCO, HP, EMC, NEC, Mitsubishi, Huawei, Lenovo, ABB, 3M and many other leading Fortune 500 companies. VanceInfo, headquartered in Beijing, has built offices and branches in Shanghai, Nanjing, Shenzhen, Dalian, Hangzhou, Guangzhou, Tianjin, Wuhan, Chengdu, Xi'an, Hong Kong, Melbourne, Tokyo, Kuala Lumpur, San Diego, Seattle, San Francisco, New York and London.
Company History
2010
- Built Offshore Development Center (ODC) for Cathay Pacific Airways
- Opened Melbourne office in Australia
- Built Offshore Development Center (ODC) for Hainan Airlines Group
2009
- Built Offshore Development Center (ODC) for Expedia
- Opened London office in UK
- Built Outsourced Development Center for China Merchants Bank
2008
- Opened Chengdu office
- Signed contract with a Leading Handset Manufacturer
- Announced Joint Venture to provide IT outsourcing services to Financial industry
2007
- Changed name from Worksoft to VanceInfo
- Listed on the New York Stock Exchange (VIT)
- Opened Seattle, New York office in the USA
- Opened Nanjing, Hangzhou office in China
- Built China Development Center for EMC
2006
- Closed Series B venture capital funding by Kui Zhou/Doug Leone, Sequoia Capital
- Built China Development Centers for Reynolds & Reynolds
- Opened Xi'an office
- Acquired China-based Prosoft Technology
2005
- Secured Series A venture capital funding by Rob Theis, Doll Capital Management (DCM) and Hao Chen, Legend Capital
- Built the TIBCO China Development Center
- Selected as a Microsoft Preferred Vendor and built its China Offshore Development Centers in Shanghai and Beijing
- Acquired SureKAM and the US-based Siebel consultancy Envisys
2004
- Signed contract with Unicom-BREW
- Opened Dalian office
- Built the PeopleSoft China Development Center
1995
- Founded
- Started long-term relationship with IBM
See also
Notes
- Mao, Joan "China-Based Offshore Software Development 2010–2014 Forecast and Analysis", IDC, May 2011.