NEC to Acquire OSS Leader NetCracker

(Business News & Technology News, 30 Jun 2008)

NEC Corp. (NEC) will be acquiring NetCracker Technology Corp. (NetCracker), a U.S.-based software and solutions company delivering Operations Support Systems (OSS) transformation to communications service providers across the globe. With this acquisition, NEC adds a key element of software and services to its portfolio of mobile and fixed infrastructure products. NetCracker¡¯s products, services and domain expertise will be integral to leveraging complementary assets within both companies.

NEC will leverage the NetCracker acquisition to strengthen its existing business foundations and to provide total solutions for communications businesses whose IP and service diversification needs continue to grow. The company anticipates that OSS will represent a key element to new international growth that is expected to generate approximately 200 billion yen over the next 5 years.

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