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Wireless Info Tech Acquired by VanceInfo

San Diego-based Wireless Info Tech, a mobile testing and applications company, has agreed to be acquired by Beijing, China-based VanceInfo, an IT services provider and software development firm. The deal is worth $1.08 million in cash plus restricted stock. It is seen as a strategic move that could strengthen VanceInfo’s position in the U.S. mobile market.

Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.

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