 Wysłany: Śro 3:45, 20 Kwi 2011 Temat postu: TCS Signs a Multi Million Dollar Deal with Chinese |
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| Tata Consultancy Services has kicked off its joint venture with the Chinese government with a multi-million dollar contract to implement an international trading system for the Chinese Foreign Exchange Trade System (CFETS). The size of deal was not disclosed. TCS (China),custom software development, will function from the new premises at the Z-Park in Beijing. TCS Asia Pacific owns 65% in the JV and three Chinese firms under the umbrella of the National Development and Reforms Commission (NDRC) own 25%.
The firms are the Beijing Zhongguancun Software Park Development,Localization Software, Uniware,Outsourcing Solution For Retail Goods, and Tianjin Huayuan Software Area Construction and Development. Microsoft is expected to pick up the remaining 10% in the JV. TCS termed the JV as China's first large-scale outsourcing technology company. The JV will focus on financial services,Offshore outsourcing, manufacturing,outsourcing and globalization, telecom verticals and the government sector. |
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