×

Open WeChat and scan the QR code
Subscribe to our WeChat public account

HOME Overview Professional Field Industry Field Professionals Global Network News Publications Join Us Contact Us Subscribe 锦天城二十周年 CN EN JP
HOME > News > Transactions and Cases > AllBright Advises on Capital Partnership Deal between Insigma and Cisco

AllBright Advises on Capital Partnership Deal between Insigma and Cisco

 2013-02-212291

On January 29, 2013, Shanghai-listed Insigma Technology Co., Ltd (stock code: 600797) completed the first phase of its overseas capital partnership deal with Cisco Systems, Inc in the field of Smart City Internet. Insigma and Cisco have jointly made strategic investments to establish City Cloud International Co., Ltd, which is registered in Cayman Islands. The new joint venture’s wholly owned subsidiary in China will research, develop and sell Smart City Public Service Internet platforms and cloud computing services based on those platforms in the country.


AllBright advised Insigma on this project. Senior Partner Julia Zhu, Partner William Yang and Associate Ted Hu formed a work force in September, 2011, to represent Insigma in structure design, business negotiations and legal documentation, etc.