VanceInfo Technologies Inc., an IT service provider and one of the leading offshore software development companies in China, has announced that it has acquired a 100% stake in the main operating subsidiary of LW International Holdings Limited.

Microsoft China and the municipal government of Jinan have signed a three-year strategic memorandum of understanding to implement comprehensive cooperation in cloud computing, talent training, outsourcing, and protection of intellectual property, and the technology company will set up a new branch in Jinan.

Foxconn Technology Group has announced that it plans to hire nearly 400,000 additional workers in mainland China within the next 12 months.

Chinese online game developer and operator Shanda Games has launched a new outsourcing platform, and it started to accept qualification applications of outsourcing vendors from July 23, 2010.

Ctrip.con announced its CNY200 million Ctrip Information Technology Building in Nantong has completed construction and will be operated as the company's second call center with 12,000 seats, which is said to be the largest call center in the world's tourism industry.

Chinese business process outsourcing firm iSoftStone Holdings Limited has closed a round of undisclosed amount of financing from a collection of private equity and venture firms.

Microsoft has made a statement regarding the Canadian micro-blogging service provider Plurk's accusation, which stated the Juku beta application launched by Microsoft's MSN China joint venture has copied code.

Wipro Technologies has just opened its global delivery center in Chengdu to provide business process outsourcing services to its customers in China and around the world.

Chinese outsourcing giant Neusoft Corporation has announced that it has signed an agreement with the Finnish software company Sesca Group to acquire 100% stakes in its three subsidiaries for about EUR12 million.

Chinese offshore development firm VanceInfo (VIT) has signed an agreement with Tianjin Economic-Technological Development Area for a training and delivery center.

Inspur Group, one of China's biggest server manufacturers and server solutions providers, has signed a construction contract with the management committee of Jinan High-tech Industrial Development Zone to build a first-class semiconductor lighting research and production base in the next five to eight years.

Chongqing Municipal Information Bureau has signed a memorandum of understanding with Qingdao Xiangyu Information Technology Co., Ltd on jointly creating a software outsourcing base in southwest China targeted at South Korean companies.

Offshore software company Neusoft has opened another software park at the Dalian High-tech Industrial Zone to expand its operations and accelerate its globalization process.

China TechFaith (CNTF) has signed an agreement with QuickTel to develop and manufacture low-cost mobile handsets in Egypt.

Taiwan media reports that Lenovo is going to outsource the production of its IdeaPad series laptop computer to Taiwan PC manufacturers, including Quanta.