Yes.

The predecessors of Pactera Technology Co., Ltd. are Pactera Innovation Software Technology Co., Ltd. and Pactera Software (International) Group Co., Ltd., both of which are software outsourcing service providers. On August 11, 2012, VanceInfo and HiSoft Software announced their merger. According to the merger agreement signed by the two parties, shareholders of the two companies will each hold approximately 50% of the shares of the merged new company, and the original HiSoft shares will be retained in Nasdaq. Listed on Starkey Global Select Market.

The Chinese name of the merged company will be "Pactera Technology Co., Ltd." and its English name will be "Pactera". After the merger, it became China's largest software outsourcing company. On October 17, 2013, Pactera was acquired by Blackstone Group for US$625 million.

Pactera Technology International Ltd. is a consulting and technology service provider. The company has strong global operational capabilities, strict quality standards and efficient delivery processes, and is committed to becoming a global enterprise. "Partner in the new era" escorts customers' success.

Since 1995, Pactera has been committed to providing world-leading business/IT consulting, solutions and outsourcing services to global customers in financial services, high technology, telecommunications, tourism and transportation, energy, and life. It has accumulated rich industry experience in the fields of science, manufacturing, retail and distribution, and its main customers include many Fortune 500 companies and large and medium-sized Chinese companies.

With its professional delivery capabilities, Pactera helps customers succeed in the global market and is highly recognized by partners and industry analysts. Industry-leading quality and safety certifications passed include CMM Level 5, CMMI-SVC Level 3, Six Sigma, ISO 27001, ISO9001:2008, SAS70 and PIPA, etc.