NEC Completes Netcracker Buy

Acquisition enables communications service providers to accelerate business transformations

October 22, 2008

1 Min Read

TOKYO and WALTHAM, Mass. -- NEC Corporation (NEC) announced today that it has completed the acquisition of NetCracker Technology Corp. (NetCracker). NetCracker is the leading provider of Operations Support Systems (OSS) for Mobile, Wireline, and Cable Service Providers - helping them transform their operations to achieve increased efficiencies and deliver complex new services quickly. 

This strategic acquisition underscores NEC's long-standing commitment to provide innovative solutions that enable Communications Service Providers (CSPs) to transform their businesses and rapidly deploy new infrastructure and services. 

NetCracker will operate as a wholly owned subsidiary of NEC and will be led by its current management team. NetCracker will become the centerpiece of NEC's Service Provider software business, adding important products and services to NEC's portfolio of mobile and wireline infrastructure products. 

"NetCracker has a distinguished record of successful OSS transformations with leading CSPs worldwide," said Mr. Kaoru Yano, President of NEC. "NetCracker's exceptional software solutions and professional services, combined with NEC's innovative offerings, will enable CSPs to accelerate their business transformations."

NEC Corp. (Tokyo: 6701)

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like