Chinese UIT Gets $10.5m

United Information Technology Ltd., a Beijing-based provider of IT management and storage solutions in < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />China, has raised $10.5 million in private equity funding from Orchid Asia Group Management. www.uit.com.cn < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />