Rakuten in the company in August 2007 and, in 2010, it announced a joint venture with Baidu in China (Lekutian). In June 2011, Rakuten acquired Brazilian e-commerce firm Ikeda — since renamed Rakuten Brazil. In July, it bought German e-commerce start-up Tradoria and rebranded it Rakuten Deutschland, and in September UK online retailer and e-commerce marketplace Play.com for £25 million (almost $41 million), which was converted into the points-based loyalty program Rakuten.co.uk. In September 2011, Rakuten took a minority equity stake in Russian online retailer Ozon.ru, dubbed "Russia's Amazon", which had reported 2010 sales worth US$137 million. A four-company-strong consortium, led
Synex Systems Corporation Synex Systems Corporation Synex Systems Corporation, a subsidiary of Synex International Inc. (Symbol SXI, TSX) was formed in 1983 in an effort to develop software for the microcomputer market and was run by Synex International Vice President Murray Hendren until 1992. In 2002, Synex Systems was acquired by privately owned Lasata Software of Perth, Australia. In 2005, Lasata was acquired by UK based Systems Union. In 2007, Systems Union was acquired by privately held Infor Global Solutions, a U.S. company that specializes in enterprise software. What was Synex Systems Corporation now operates as an independent business unit within Infor Global