On the 20th day of last month, AsiaInfo-Linkage announced that it had received a privatization offer from CITIC Capital. The acquisition price has yet to be determined. This news spurred a 12.7% increase in AsiaInfo-Linkage's stock price. On February 7, AsiaInfo-Linkage announced the appointment of Goldman Sachs (Asia) as its financial advisor to assist with the company’s privatization matters. In the year 2000, AsiaInfo successfully listed on the U.S. Nasdaq, raising a successful $120 million in financing. On July 1, 2010, AsiaInfo Group completed its merger with Linkage Technology International Holdings Limited, forming the new company AsiaInfo-Linkage Holdings Limited, also known as AsiaInfo-Linkage. Currently, AsiaInfo-Linkage primarily operates in telecommunications software and services, providing IT solutions and services for Chinese telecommunications operators. The software solutions and services offered involve technologies such as IP, VoIP, broadband, wireless, 3G, etc., including: business support systems (billing, customer relationship management, business intelligence analysis, network management systems, etc.), telecom value-added application systems, and telecom-grade network solution content.