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A Chinese technology outsourcing company and an optical components maker are planning to select investment banks in the next two weeks with the goal of making initial public offerings in the United States by as soon as the first half of 2010,mobile development outsourcing, one of their investors told Reuters on Monday.
HiSoft Technology,Pharmaceutical software, the outsourcing company, and NeoPhotonics, the optical components maker, were both close to selecting investment banks, Nikunj Jinsi,Telecommunication provider, chief investment officer of the International Finance Corporation, told Reuters.
"They're a week away from selecting their bankers," he said on the sidelines of a conference in Beijing. "They're looking at a timeframe of the second or third quarter of next year."