Orrick, Herrington & Sutcliffe and Simpson Thacher & Bartlett are representing VanceInfo Technologies (VanceInfo) and hiSoft Technology International (hiSoft) in the two companies’ proposed $875 million all-stock merger.

The union – one of the largest mergers between two Chinese companies listed in the U.S. - will create the market-leading China-based offshore IT services provider. Under the terms of the merger agreement, hiSoft and VanceInfo will be combined in a tax-free, all-stock merger of equals. The combined company will trade on the NASDAQ as hiSoft and a new company name will be announced shortly. The shareholders of each company will each own approximately 50 percent of the new merged company.

Headquartered in Dalian, China, hiSoft is a provider of outsourced information technology and R&D services. VanceInfo is an IT service provider and offshore software developer.  

The Orrick team, acting for VanceInfo, is led by Shanghai partner Jeffrey Sun and San Francisco partner Richard Vernon Smith.The team also consists of Hong Kong partner Maurice Hoo, and San Francisco partners Juliano Banuelos and Grady Bolding.  Associates Catarina Cardoso, John Li, Daisy Chen and Jason Flaherty are also involved.

Advising hiSoft is a Simpson Thacher team led by Hong Kong partner Kathryn King Sudol. She is assisted by Beijing partner Doug Markel, London partner David Vann, and Palo Alto partners Tristan Brown and Katharine Moir.  Associates Ian Ho, Justin Wong, Sara Schuman, Duan Fu, Sarah Dale, Dan Foster and Etienne Renaudeau from across the Simpson Thacher offices are also contributing.

Candice Mak is North Asia Editor at ALB. Follow us on Twitter: @ALB_Magazine.

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