NEC via its subsidiary, NEC Latin America is acquiring Brazil-based IT Security business Arcon Informatica(Arcon) as part of reinforcing IT Services in the region.
Since its establishment in 1995, Arcon provides Cyber Security consulting and managed security services to a wide array of industry verticals, including energy, finance, telecommunications and manufacturing fields, in addition to government agencies.
According to NEC, IT investment in Brazil represents a large portion of Central and South American IT investment. Although the overall pace of economic growth in Brazil has slowed in recent years, the IT market has continued to steadily expand. Specifically, the IT Security market is expected to grow particularly fast over the upcoming years. NEC first established a local affiliate in Brazil in 1968. Since then, the company has contributed to a wide range of important national projects, including the provision of technologies and services in support of telecommunications, broadcasting and essential infrastructure.
Daniel Mirabile, President of NEC in Brazil
The acquisition of Arcon enables us to mutually capitalize on their leading technologies, know-how, and customer base in order to drive the expansion of the Cyber Security field in Brazil.
