Technology Innovator Crossark announced the relocation of its headquarters from California to Hong Kong. Specializing in innovation and software development, the company plans to contribute to IT innovation development in Asia from its Hong Kong base.
The new Hong Kong operation will develop various technology start-up businesses with a focus in China and other Asia regions. To capture the opportunities in the rapidly growing Asian market, Crossark has also established a software development partnership in Beijing and Guangzhou. Its presence in Hong Kong provides an efficient and effective platform for the company to manage the partnership.
“We want to bring the high-tech start-up culture from Silicon Valley to Hong Kong with a vision of transforming Hong Kong into the best value, innovation powerhouse in Asia,” said Simon Chan, director and founder of Crossark. “There are many local-born talents with vision, dreams and passion towards IT innovations here. The city is well positioned to lead the next wave of the technology boom, which we believe will be driven out of Asia.”
As a first step, the company’s first innovation, an online career planning service, was developed by talented local IT professionals trained in Hong Kong universities. The company believes that Hong Kong is the natural window to launch products tailored for Asian markets.
Based on his previous experience in setting up and running businesses in Silicon Valley, Mr Chan commented that Hong Kong is a first rate location for high-tech start-up companies.
“With the free flow of capital in Hong Kong, business development here encounters no boundaries,” said Chan. “The clear procedures and transparent regulations in Hong Kong enable companies to set up very quickly and smoothly.”
Founded by several entrepreneurs in Silicon Valley, California in 2001, Crossark is a software development house, with major clients from New York and California. It provides various IT software solutions that help customers improve cost effectiveness, operation efficiency, business process streamlining and enhance the quality of customer services.