CDC Software, a purveyor of enterprise software, today announced plans to form a joint venture with Softrax Corp., a provider of billing and revenue management software, in a move to expand CDC Software’s compliance offerings and extend Softrax’s geographic reach.
The venture, which is expected to be up and running in the third quarter, will team up CDC Software’s India- and China-based product engineering and customer and technical support resources with Softrax’s domain and product expertise in the financial compliance arena, the companies said in announcing the agreement.
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