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Invest Hong Kong (InvestHK) today (March 24) announced that one of the 2014 StartmeupHK Venture Programme grand prize winners, Perseus, a US-based managed services provider of high-speed global networks, colocation and trading technologies, has opened its regional headquarters in Hong Kong. This regional headquarters will help the company gain access into the Mainland China market and serve as a launch pad to obtain market share across the Mainland and further into Asian markets.
The Director-General of Investment Promotion at InvestHK, Mr Simon Galpin, was delighted to see that the department's startup initiative has successfully resulted in an industry-leading company setting up and taking advantage of one of the fastest-growing verticals in the city.
"Perseus is among many startups that entered the StartmeupHK competition with plans to set up in Hong Kong. Its arrival will benefit Hong Kong in terms of technology know-how as well as direct and indirect jobs created. I congratulate Perseus on its Hong Kong operation and look forward to seeing its further expansion in our city and beyond," he said.
The CEO of Perseus, Dr Jock Percy, said, "The Asian markets have been growing exponentially and their opportunities are prevalent. Hong Kong is at the centre of that growth and Perseus has been planning for several years to expand our operations in the city to capitalise on this potential."
Dr Percy added that the StartmeupHK award "provided remarkable exposure for the Perseus brand as a leading provider of managed services, not only in Asian markets but globally as well".
He said, "While we've always envisioned having a presence in Hong Kong, this prestigious accolade reinforced our powerful presence in this market and that our services are important to both larger financial institutions and smaller startups."
The StartmeupHK Venture Programme was first held in 2013 and again in 2014. The number of entries to the business proposal competition rose from 384 in 2013 to 550 in 2014. InvestHK runs a dedicated one-stop portal www.startmeup.hk, listing the latest startup events and signposting visitors to resources including government incentive and incubation schemes. The department has also leveraged social media to reach out to startups both in Hong Kong and around the world, drawing their attention to the vibrant entrepreneur ecosystem in Hong Kong.
About Perseus
Perseus is one of the world's leading providers of managed services for high-precision, high-speed connectivity. With clients spanning the financial, technology, media and telecommunications, and igaming sectors, Perseus offers a fully managed suite of services across the trade lifecycle as well as many of the world's fastest market-to-market routes. Wall Street and Fortune 500 companies choose Perseus to provide managed infrastructure services, custom-designed global networks, high precision time, colocation and turnkey trading solutions with industry-leading, 24/7 support. Serving 70-plus markets in 14 countries on five continents, Perseus offers proximity hosting for over 300 exchanges across the globe. The company was awarded the Grand Prize during the 2014 StartmeupHK Venture Programme organised by InvestHK. For more information, please visit www.perseus.co.
About InvestHK
InvestHK is the department of the Hong Kong Special Administrative Region Government established in July 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As of December 2014, InvestHK had completed over 3 440 investment projects creating more than 37 500 new jobs in the first year of operation or expansion and over HK$91 billion of investment. For more information, please visit www.investhk.gov.hk.
For event photos, please visit www.flickr.com/photos/investhk/sets/72157651070881597/.
Ends/Tuesday, March 24, 2015
Issued at HKT 16:41
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