NEC To Acquire NetCracker - InformationWeek
IoT
IoT
Business/E-Business
Commentary
6/27/2008
10:34 AM
Jim Manico
Jim Manico
Commentary
Connect Directly
Twitter
LinkedIn
RSS
E-Mail
50%
50%

NEC To Acquire NetCracker

Reuters

Japan's NEC is spending $300 million to acquire NetCracker Technology, a Waltham, Mass.-based provider of network interfaces and communications services.Faced with a slow-growing home market, the purchase will help NEC expand its global footprint in IT systems and network operations. The deal, expected to close in September, should add $500 billion to NEC's bottom line during the next five years, according to the telecom equipment maker.

The companies "share a vision of operations and business support systems being critical to communications service providers," said Andrew Feinberg, CEO of NetCracker, in a statement. "NEC?s scale and solution offering will help us extend our core application and services footprint and continue to broaden the solutions we offer to our global customers."Reuters

Comment  | 
Print  | 
More Insights
Comments
Oldest First  |  Newest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of the Cloud Report
As the use of public cloud becomes a given, IT leaders must navigate the transition and advocate for management tools or architectures that allow them to realize the benefits they seek. Download this report to explore the issues and how to best leverage the cloud moving forward.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll