Add-on Acquisition • Communications

Telestone Technologies Acquires Sichuan Ruideng Telecom

On December 30, 2011, Telestone Technologies acquired communications company Sichuan Ruideng Telecom

Acquisition Context
  • This is Telestone Technologies’ 1st transaction in the Communications sector.
  • This is Telestone Technologies’ 1st transaction in China.

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M&A Deal Summary

Date December 30, 2011
Target Sichuan Ruideng Telecom
Sector Communications
Buyer(s) Telestone Technologies
Deal Type Add-on Acquisition

Target Company

Sichuan Ruideng Telecom

Chengdu, China
Sichuan Ruideng Telecom Corporation develops and provides telecommunications local access networks and system-integration services.
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Buyer Overview 1

Buyer

Telestone Technologies

Beijing, China

Category Company
Founded 1987
Sector Information Technology
Employees1,430
Revenue 109M USD (2011)
DESCRIPTION

Telestone Technologies Corporation offers wireless local-access network technologies and solutions primarily in the People?s Republic of China. Telestone Technologies was founded in 1987 and is based in Beijing, China.


Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Add-on Acquisition 1 of 1
Country: China 1 of 1
Year: 2011 1 of 1