HiSoft Technology International Limited was a multinational information technology and business process outsourcing company headquartered in Dalian, China. Founded in 1996, HiSoft was listed on the NASDAQ public exchange in 2010.[1] In November 2012, the company merged with China-based IT outsourcing industry peer VanceInfo to form Pactera.
History
HiSoft was founded in 1996 as Dalian Haihui Sci-Tech Co., Ltd. In 2002, the company established a Japan-based subsidiary, Haihui Sci-Tech Japan Co., Ltd., later renamed HiSoft Japan Co., Ltd. In 2004, HiSoft Technology International Limited, a Cayman Islands holding company had been formed with other units as wholly owned subsidiaries. They received venture capital funding from investors including Draper Fisher Jurvetson ePlanet Ventures, GGV Capital, GE Commercial Finance, International Finance Corporation, Intel Capital JAFCO Asia, Mitsubishi UFJ Securities, and Sumitomo Corporation Equity Asia Limited.[2]