August 27 at 22:00, Neusoft Group (600718.SH, hereinafter referred to as "Neusoft") issued a public notice outside the company a wholly owned subsidiary - Neusoft (Europe) Limited and Sesca Group Oy (hereinafter referred to as "SESCA" ) signed a share purchase agreement to acquire its own software development in high-end smartphone business Sesca Mobile Software Oy (hereinafter referred to as "MSW"), Almitas Oy (hereinafter referred to as "Almitas") and Sesca Technologies Srl (hereinafter referred to as "SRL" ) 100% of the shares of three subsidiaries, the total price of no more than 1,200 million euros.
Neusoft in the overseas acquisition marks the Neusoft in the high-end smartphones and mobile terminal device software development, design and marketing capabilities will be significantly improved and also that Neusoft best smartphone to the global goal of software developers taken an important step., which is the implementation of content development company with overseas M & A development strategy of simultaneous development achieved substantial breakthrough.
SESCA is an international business group, the group mainly for energy production, processing, and ICT (Information Communication Technology, information and communications technology) industry, software development, testing, control systems and ICT systems. SESCA in the past three years has maintained rapid growth. SESCA main business unit of MSW and other customers for the Nokia smart phone software development services, in Oulu, Finland (Oulu), Tampere (Tampere), Helsinki (Helsinki) and Kokkola (Kokkola) have set up development center, Symbian S60, Nokia S30/40 mobile application software development, VOIP technology, Linux / QT application development with strong competitiveness. SESCA the Almitas's main business is providing mobile communications Nokia and other software development services, the company in Turku (Turku) to establish development center, the main business involves the integration of mobile software systems, Symbian mobile application development, and some server software development. SESCA the SRL's main business is to provide customers with smart phones such as Nokia, software development and testing services, the company set up in Romania, Cluj (Cluj), the main business areas include Symbian application development and testing, J2ME/J2EE application development.
Based on the two sides signed the agreement, SESCA existing and SESCA and / or its subsidiaries (other than MSW, Almitas, SRL away) and Nokia Corporation and its subsidiaries in all major contracts signed have been transferred to the MSW, Almitas, SRL three companies, Nokia also has agreed to purchase as a customer. This also means that Neusoft will be in Finland for the European customers the direct marketing, mobile phone software design and make high-end smart phone development and design software to further enhance and NOKIA Neusoft has established partnerships to promote both high-end smart phones and mobile devices in the field of strategic cooperation.
Speaking on the acquisition of strategic significance for the development of Neusoft, the Neusoft Group Senior Vice President and Secretary to the Board Mr. Wang Zidong said the acquisition goal is talented and excellent customer acquisition, the company in the field of mobile terminal equipment excellent global provider of product engineering solutions.
Wang Zidong that the acquisition of strategic significance for the Neusoft Group is mainly reflected the following aspects, first, through the acquisition, Neusoft in embedded software development, particularly in the field of software development is the smart phones in Finland would be formed in the shore (Onshore ), Romania nearshore (Nearshore), China's offshore (Offshore) development system and the pattern of closer partnerships with customers to enhance the localization ability, the development team with the integration of resources in China, will significantly change the business delivery capabilities, cost control and profitability, and create greater value for our customers. Second, SESCA by MSW, Almitas and SRL for Nokia mobile phone software to provide professional development services, is a preferred provider Nokia (Preferred Supplier), one of a group of more than 10 years experience in smart phone software, excellent R & D team. Through this acquisition, Neusoft will be with the Symbian S60, Nokia S30/40 mobile application software development, VOIP technology, Linux / QT application development, a large number of high-end talents, will enhance the company's high-end smart phones and other devices The research and development capabilities, improve the company in the global mobile phone and mobile device software development market and competitive position. Third, through this acquisition will enhance our ability to NOKIA service and level of cooperation to deepen relations with NOKIA and expand areas of cooperation with NOKIA and scale of business.
Wang Zidong also said that through this acquisition, the company has established products in the European project in the field of business support centers and research and development base, help Neusoft existing mobile communications, automobile electronics, industrial control and other areas of business promotion to the European market, open up European markets for the company to lay a good foundation. Meanwhile, Neusoft will scale of the development team in China, the competitive advantage of the cost of the acquired company with the front end of the market and the combination of design capabilities, construction area of Neusoft innovation in the mobile terminal, the cost of the comprehensive competitiveness of the scale, making Neusoft to the global best solution for developers of mobile terminals that goal has taken an important step.