TONGYANG NETWORKS Corporation, formerly Tong Yang SYSTEMS CO., LTD., is a Korea-based company engaged in information technology (IT) business. The Company's offerings consist of system integration (SI) services, including analysis, design, development and construction of information systems used in finance, government, manufacturing, distribution and other industries, as well as outsourcing services, including consulting, system management, IT infrastructure, helpdesk management, disaster recovery system construction and management and network integration services. It is also engaged in the development of software solutions as well as marketing of software and hardware products. On July 1, 2012, the Company merged with MIRUS, a Korea-based Internet service related company. On January 18, 2013, it acquired additional shares of Tongyangonline co. ltd. After the acquisition, it held 85.15% stake of Tongyangonline co. ltd. On March 13, 2013, it acquired a 100% stake in TONGYANG TS Inc.