SHENZHEN FORTUNE TO INVEST CNY15MN IN GUANGZHOU BROAD VISION

AsiaInfo Services, June, 2009

AsiaInfo Services 06-23-2009 Shenzhen Fortune to Invest CNY15mn in Guangzhou Broad Vision SHENZHEN, Jun 23, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shenzhen Fortune Venture Capital Co., Ltd. has agreed to pump CNY 15 million into telecom networking solutions provider Guangzhou Broad Vision Telecom Sic&Tech Co., Ltd., announced the Shenzhen venture capital (VC) firm recently. Shenzhen Fortune is about to inject the fresh capital into Broad Vision within 15 days, according to an agreement the two sides inked on June 17. The investment will help Broad Vision complete its business deployment nationwide, said an executive for the company.

The Guangzhou high-end telecom networking optimization software provider sees increasing opportunities as domestic...

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