A new era of M&A in China
Despite the global economy slowing to a standstill, China is still bustling with merger talk as Asia's largest M&A market.
Exigen Services Ltd., the U.S.-based application outsourcing provider, announced in June that it has acquired the China-based software outsourcing services firm Taihoo Technologies for an undisclosed amount. Such a deal further solidifies China's role as a producer of knowledge-intensive products and services in the global arena.
