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Turbolinux Partners with Zend Japan
Apr 07, 2006 @ 12:49:12

According to a new press release today, Turbolinux has announced their partnership with Zend Japan, Ltd. to further "Internet Linux Deployment in the Asian markets" (through the purchase of a 90% share of their stock).

Under the terms of the contract negotiations concluded on March 30, Turbolinux acquired a ninety percent share (1,170 shares) of Zend Japan Ltd. from Open Source Japan, Ltd. Zend Japan will continue to serve as the exclusive distributor of Zend web application platform products in Japan.

"With Turbolinux, Zend Japan will closely plan and promote Turbolinux and Zend/PHP products and solutions and will be able to provide them in a comprehensive and stable format. In this dynamic alliance with Turbolinux and Zend Technologies, Zend Japan will offer products and service which cover the needs of Japanese market," added Mr. Suzuki.

Turbolinux will be using their sales and distribution channels to help further the reach of theirs and Zend's technologies. The negotiations for the whole deal were completed back on March 30th, but nothing was revealed until April 5th.

tagged: acquisition zend japan stock sales vendor asian acquisition zend japan stock sales vendor asian

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