NEC to acquire Convergys data management business for US$449 million

The Japanese technology giant said it will merge the new business into its NetCracker subsidiary, acquired in 2008

NEC will acquire the information management business of Convergys for about US$449 million, to strengthen its telecommunications software products targeted at large carriers, it said Thursday.

The Japanese conglomerate said the new acquisition will be integrated into its NetCracker subsidiary, and used to strengthen software offerings in areas such as billing and customer relations. The unit of Convergys being purchased by NEC has a suite of products aimed at a broad range of industries, including utilities and logistics, but NEC said it will be mainly focused on communications after the purchase.

NEC is a major manufacturer of hardware aimed at large carriers, from mobile infrastructure to data centers to undersea cables. It is also aggressively expanding its software and services offerings, and hoping to leverage its acquisitions into generating more revenue outside of Japan.

The acquisition is set to be completed in the first half of this year.

NEC acquired NetCracker in October of 2008, for about US$300 million. The Massachusetts-based software vendor is known for helping ISPs roll out so-called "triple play" services combining voice, video and Internet access, which include VoIP (voice over Internet Protocol) and IP-based television services.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Jay Alabaster

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?