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Corporate IT Update-December 29, 2009-SYNNEX sells interest in HiChina Web Solutions to Alibaba.com
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Business process services company SYNNEX Corporation (NYSE:SNX) announced on Monday it has completed the sale of its controlling interest in China Civilink (Cayman), which operates in China as HiChina Web Solutions, to business-to-business (B2B) e-commerce company Alibaba.com Limited (HKSE:1688.HK).