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Achievo to Acquire Jeyo Computer Technology Limited

Originally published November 29, 2005

Achievo Corp., a CMM certified global software and IT outsourcing provider headquartered in Silicon Valley with operations in the U.S., Europe, Japan, and China, recently announced the signing of a definitive agreement to acquire Jeyo Computer Technology Limited.  Jeyo is a software and IT outsourcing service provider based in Guangzhou.  This transaction represents the continued execution of Achievo's global growth strategy with a focus on scaling its technical resource base in mainland China to serve global clients.

Jeyo possesses expertise in a variety of industries including mobile phones, manufacturing, and telecommunication.  Jeyo offers certified processes and expertise in wireless applications, business intelligence solutions, and IT services.

"This acquisition further expands Achievo's operations in China beyond its existing presence in Beijing, Shanghai, Dalian, and Shenzhen," said Dr. Robert P. Lee, Chairman and CEO of Achievo.  "As Achievo has grown in the past year through strategic M&A transactions in the U.S., Japan, China, and Germany, the Jeyo acquisition will complement and further substantiate Achievo's worldwide service capabilities, technical expertise, and customer base."

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.