M&A Deal Summary

AsiaInfo Technologies Acquires Bonson Tech

On January 1, 2002, AsiaInfo Technologies acquired software company Bonson Tech from Ascend Capital Partners for 47M USD

Acquisition Highlights
  • This is AsiaInfo Technologies’ 1st transaction in the Software sector.
  • This is AsiaInfo Technologies’ largest (disclosed) transaction.
  • This is AsiaInfo Technologies’ 1st transaction in China.

M&A Deal Summary
Date 2002-01-01
Target Bonson Tech
Sector Software
Buyer(s) AsiaInfo Technologies
Sellers(s) Ascend Capital Partners
Deal Type Add-on Acquisition
Deal Value 47M USD

Target

Bonson Tech

Guangzhou, China
Bonson Tech Ltd. is a developer of software-based billing systems for China's mobile operators, China Mobile and China Unicom.

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Buyer(S) 1

Buyer

AsiaInfo Technologies

Beijing, China
Category Company
Founded 1993
Sector Software
Employees13,577
Revenue 7.9B HKD (2023)
DESCRIPTION

AsiaInfo Technologies is a provider of software and IT services to the telecommunications industry. Incorporating advanced technologies like Cloud and Big Data, company software enables telecom operators to gain a competitive edge. AsiaInfo Technologies was founded in 1993 and is based in Beijing, China.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 1
Year (2002) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Ascend Capital Partners

Investor Investor

Category Merchant Bank
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

Ascent Capital Partners is a financial advisory firm and private equity investor focused on opportunities in China. Ascend Capital Partners was formed in 1999 and is based in Beijing.

DEAL STATS #
Overall 1 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (China) 1 of 4
Year (2002) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Beijing Tongtech

Beijing, China

TongTech is a pioneer and the most recognized vender in developing middleware uniquely tailored for China's IT environment. Tongtech is the only home-grown software developer specializing in middleware and infrastructure solutions that can directly compete with international world-class software providers such as BEA System and IBM in the Chinese market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 SinoBnet.com

Beijing, China

SinoBnet.com, Inc. is a China-focused publisher of offline and online trade magazines.

Sell -
Mergr

Product

Company

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