Netlinkz establishes JV with iSoftStone Information Technology

Company News

by Rachael Jones

Cloud network solutions company Netlinkz (ASX:NET) announces it has signed a Memorandum of Understanding with iSoftStone Information Technology.

This is to establish a joint venture company in China to distribute and sell products developed from the Beijing Internet of Things lab.

ISS has expertise in creating software in-a-box solutions and, with NetLinkz VIN and VSP software, the joint venture company will be able to provide a fully secure mesh network that has greater flexibility.

The joint venture company will announce the new branding names for VIN and VSP as well as its new products for China in the coming weeks.

Shares in Netlinkz (ASX:NET) are trading 7.55 per cent higher at $0.29.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.