NEC Corporation (NEC) today announced the integration of NEC
Business Solutions Ltd. (Melbourne, Australia, “NEC Business
Solutions”) into NEC Australia Pty. Ltd. (Melbourne, Australia,
“NEC Australia”), effective as of April 1, 2007. The integration of
NEC’s Australian operations is aimed at increased synergy and
business collaboration between NEC Australia and NEC Business
Solutions in the key areas of IT and networks. NEC Australia will
continue to be headquartered in Melbourne, Australia, with combined
annual revenues of more than AU$582 million (approximately 53
billion yen).
The decision to integrate NEC’s Australian operations was taken
in response to the rapid changes occurring in the Australian
Information Communication Technology (“ICT”) market, in particular
the growth of broadband, IP telephony and wireless communications.
After integration, NEC Australia will be able to improve cost
structures and increase its effectiveness as a supplier of
integrated voice and data solutions toward promotion of long-term
growth through joint business opportunities and increased
efficiencies.
“The integrating of these NEC operations will strenghten our
product and solutions portfolio immensely, putting us in a unique
position to offer our diverse customer base integrated end-to-end
solutions in the Australian ICT market, reducing integration and
installation timeframes considerably.” said Toshiharu Iwasa,
Managing Director of NEC Business Solutions and NEC Australia.
The integration will give NEC Australia a market-leading
position in providing total communications solutions through its
broadband network, display solutions, broadband access products and
IP telephony and wireless capability. It will also allow active
exploration of new business opportunities among gated communities
and business parks as well as expand the company’s current business
in the hospitality, corporate, retail, Small Medium Enterprise,
education, banking and finance, health and government space.
NEC Australia will continue to maintain the largest ICT research
and development facility in Australia and provide its current
customers with integrated solutions in areas such as public and
private networks, voice and data technologies, home entertainment
and supercomputers.
Mr. Iwasa adds “we are confident that our customers will
experience a seamless transition. The move will in fact improve
response times, helping our customers maintain their own
competitive edge.”.
Notes - Please see the attachment in our newsroom for an outline
of the integration. http://www.nec.co.jp/press/en/
- Australian dollars have been converted into yen at the rate of
91.16 yen to 1 AUD for convenience purposes only.
About NEC Australia
NEC Australia is a provider of superior, affordable products,
services and solutions to carriers, business, government and
consumers. As a leader in the development of broadband and mobile
communications technologies, NEC Australia’s strong sales and
service focus has propelled the company to the forefront of a new
era in communications. Through the provision of new technologies
such as plasma displays, data projectors and high-speed broadband
connections, NEC Australia also drives innovation into the home.
Boasting the largest Research and Development facility in
Australia, NEC’s commitment to innovation and continued expansion
into export markets remains unrivalled. As well as undertaking
leading R & D in DSL technologies and third-generation (3G)
mobile terminals, NEC Australia's broadband business, Nextep
broadband, delivers business grade DSL services for SMEs,
corporates and government. For additional information, please visit
the NEC Australia or Nextep websites at www.nec.com.au and www.nextep.com.au.
About NEC Business Solutions
NEC Business Solutions is a leading provider of end-to-end
voice, data and video solutions for business and government. The
company utilises its expertise in IP telephony, contact centres and
managed services, and strong partnerships with other leading
companies to provide innovative and affordable business solutions.
NEC Business Solutions is a wholly owned subsidiary of NEC
Australia.
About NEC Corporation
NEC Corporation (NASDAQ: NIPNY) is one of the world's leading
providers of Internet, broadband network and enterprise business
solutions dedicated to meeting the specialized needs of its diverse
and global base of customers. NEC delivers tailored solutions in
the key fields of computer, networking and electron devices, by
integrating its technical strengths in IT and Networks, and by
providing advanced semiconductor solutions through NEC Electronics
Corporation. The NEC Group employs more than 150,000 people
worldwide.
For additional information, please visit the NEC home page at:
http://www.nec.com * Newsroom:
http://www.nec.co.jp/press/en/
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