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Intel Invests in Vietnam-Based Offshore Software Developer

Jul 23,2008

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Santa Clara, Calif.-based chip maker Intel and San Francisco-based investment firm Texas Pacific Group are collectively buying a stake in FPT, which provides software services in Vietnam. FPT, which is based in Hanoi, will use the funds to expand its product lines and services, as well as grab a larger slice of the global outsourcing business.
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