As Scientific Atlanta Inc in the United States to increase a part of Asia Pacific investment plan, the company recently completed the Shanghai science Atlanta Co. Ltd. all other shareholders of the acquisition, the American science of Atlanta (Shanghai) company officially registered as a company wholly owned by Chinese. The newly established company relies on the Shanghai joint venture company for 12 years in China has the market experience, the development of digital products for the Chinese market and expand to the Asia Pacific region.
"This acquisition reflects the American Scientific Atlanta Inc attaches great importance to the China market. Our belief is that we will be able to design, develop and produce products that meet market demand through a strong local R & D base." American science Atlanta (Shanghai) company, the newly appointed general manager Raghu Puri said.
Through mergers and acquisitions to strengthen the R & D and a wholly owned subsidiary of Scientific Atlanta Inc, to maintain confidence in the leader's position, and to meet the development of digital technology Chinese demand. In addition to the new product and system development in Shanghai, the front-end products and system imported products -- the company also offers the latest technology for Chinese operators in the next generation, including the new encoding technology, digital content management, advanced transmission and access platform, IPTV system and SA growing.
Katherman, vice president of Asia Pacific Scientific Atlanta Inc Bill, said: China's current sales channels and production capacity will be transferred intact to a wholly owned company. After in-depth understanding of China and other markets in the Asia Pacific region, we are deeply aware that the establishment of a wholly owned company will enable us to become more active in the industry." Scientific Atlanta Inc's daily operations in the Asia Pacific region, including Hongkong, Shanghai and Beijing are still responsible for the Bill Katherman.
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