M&A Deal Summary

AsiaInfo Technologies Acquires Bonson Tech

On January 1, 2002, AsiaInfo Technologies acquired software company Bonson Tech from Ascend Capital Partners for 47M USD

Acquisition Highlights
  • This is AsiaInfo Technologies’ 1st transaction in the Software sector.
  • This is AsiaInfo Technologies’ largest (disclosed) transaction.
  • This is AsiaInfo Technologies’ 1st transaction in China.

M&A Deal Summary

Date 2002-01-01
Target Bonson Tech
Sector Software
Buyer(s) AsiaInfo Technologies
Sellers(s) Ascend Capital Partners
Deal Type Add-on Acquisition
Deal Value 47M USD

Target

Bonson Tech

Guangzhou, China
Bonson Tech Ltd. is a developer of software-based billing systems for China's mobile operators, China Mobile and China Unicom.

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Buyer(S) 1

Buyer

AsiaInfo Technologies

Beijing, China

website


Category Company
Founded 1993
Sector Communications
Employees10,541
Revenue 547M USD (2012)
DESCRIPTION

AsiaInfo Technologies is an innovative provider of software and IT services to the telecommunications industry. Incorporating advanced technologies like Cloud and Big Data, company software enables telecom operators to gain a competitive edge. AsiaInfo Technologies was founded in 1993 and is based in Beijing, China.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2002) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

DESCRIPTION

Ascent Capital Partners is a financial advisory firm and private equity investor focused on opportunities in China. Ascend Capital Partners was formed in 1999 and is based in Beijing.


DEAL STATS #
Overall 1 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 4
Year (2002) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Beijing Tongtech

Beijing, China

TongTech is a pioneer and the most recognized vender in developing middleware uniquely tailored for China's IT environment. Tongtech is the only home-grown software developer specializing in middleware and infrastructure solutions that can directly compete with international world-class software providers such as BEA System and IBM in the Chinese market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 SinoBnet.com

Beijing, China

SinoBnet.com, Inc. is a China-focused publisher of offline and online trade magazines.

Sell -