Sunday, June 3, 2007

IBM, China's Kingdee to seal global software tie

(Reuters) - IBM -- which will get 3.85 percent of Kingdee by paying
nearly half what its shares were last traded at -- intends to
help the Chinese firm by "re-engineering" its products to
better suit a global market, according to a statement.




The U.S. firm will also gain access to Kingdee's domestic
sales channels.


Read more at Reuters.com Business News

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