5G: Not Just about the G - Maxing the Value from 5G

Second Brand – Fulfil Your Digital Needs Without the Legacy Nightmare

NEC Acquires UK-based IT Services Company Northgate

Clock 4 months ago
(0 votes)
NEC Acquires UK-based IT Services Company Northgate Takashi Niino, President and CEO, NEC

NEC announced the acquisition of UK-based IT services company Northgate Public Services (NPS), accelerating the expansion of its international safety business.

NEC is buying NPS for £475 million from leading international private equity firm Cinven.

This acquisition is expected to be completed by the end of January 2018.

Established in 1969, Northgate Public Services develops software and services for the public sector, mainly in the UK, and employs approximately 1,400 software engineers throughout the UK and India. 

Following the acquisition, NEC and NPS will collaborate to develop and provide safety solutions that combine solutions and technologies from both companies. 

The companies will capitalize on real-time detection of suspicious individuals and abnormalities using NEC face recognition, intrusion detection, suspicious item detection and other image analysis techniques. NEC will also promote NPS’ solutions for police operations and public housing management solutions to markets outside the UK.

These measures are expected to contribute to the expansion of the social solutions business and improve profitability centered on the safety business.

Takashi Niino, President and CEO, NEC
With this acquisition, NEC aims to support and strengthen NPS’ technologies for police operations, establish new safety solutions based on a common business platform, and to further develop international markets largely focused on countries within the Commonwealth.

Stephen Callaghan, CEO, Northgate Public Services 
This is a very exciting time to be part of Northgate Public Services. Our colleagues and leadership team have worked incredibly hard over the past two years to get the Company into great shape operationally and financially, with the result that NPS is a highly attractive asset to NEC.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn, Facebook 

PREVIOUS POST

Sangoma Buys Ccommunication Division from Dialogic

NEXT POST

Allot Acquires Startup Firm Netonomy to Expand Security Offerings

Mobile video trends based on live operator data

 

Join the Banter

MWC Shanghai 2018