Sunday, July 6, 2008

NEC Acquires Hungarian Engineering Company

NEC Europe has acquired Linecom Kft., a Hungarian engineering company that has assisted NEC for more than 15 years, as part of reinforcing PASOLINK services and wireless business in Eastern Europe. NEC's product customization, engineering, maintenance and support for Eastern Europe were formerly outsourced to Linecom.
Financial terms were not disclosed.

NEC said its Eastern European PASOLINK business is continuing to expand year on year and now constitutes approximately 50% of PASOLINK's total European sales.

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