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NEC Completes Convergys Unit Acquisition

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TOKYO -- NEC Corporation (NEC; TSE: 6701) and NetCracker Technology, a wholly owned subsidiary of NEC, jointly announced today that they have completed the acquisition of Convergys Corporation’s Information Management business. The transaction covers all of IM’s business, including Smart Revenue Solutions, across different verticals, including communications, utilities, and logistics. The Convergys IM business has enabled service providers around the world to transform their BSS with innovative billing, customer care, and revenue management solutions.

The IM business will be integrated into NetCracker Technology, and NetCracker will be responsible for all business operations of this entity. The combined communications software assets of Convergys IM, NetCracker, and NEC create the largest and most comprehensive end-to-end BSS/OSS offering in the industry.

NEC Corp. (Tokyo: 6701)

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