About NEC
NEC is a company based in Minato (Japan) founded in 1899 was acquired by Aviat Networks in December 2023. It operates as a Managed Services and Professional Services. The company has 110,595 employees as of March 31, 2019. NEC has completed 15 acquisitions, including A123 Energy Solutions, ABeam Consulting and Arcon. NEC offers products and services including Biometric Authentication, 5G Solutions, Cyber Security, and Aviation Solutions. NEC operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Minato, Japan
- Employees 110595 as on 31 Mar, 2019
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Nec Corporation
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Annual Revenue
$43.76 K (USD)0as on Dec 31, 2018
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$561.88 M (USD), Post-IPO
Jun 24, 2020
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Investors
Aviat Networks
& 2 more
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Employee Count
110595
as on Mar 31, 2019
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Investments & Acquisitions
A123 Energy Solutions
& 14 more
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Acquired by
Aviat Networks
(Dec 18, 2023)
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Products & Services of NEC
NEC offers a comprehensive portfolio of products and services, including Biometric Authentication, 5G Solutions, Cyber Security, and Aviation Solutions.
Advanced biometric solutions are provided for various applications.
Next-generation 5G technology is offered for connectivity needs.
Robust cyber security solutions are delivered for ICT protection.
Seamless travel experiences are enabled through facial recognition.
People of NEC
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Software Development Team
65 people
Leadership Team
60 people
Sales and Marketing
31 people
Senior Team
22 people
Human Resources and Administration
12 people
Product Management Team
8 people
Head Team
7 people
Operations Team
6 people
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Funding Insights of NEC
Investors in NEC
NEC has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Aviat Networks, European Union and NTT Group.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Microwave networking solutions are provided to enterprises and operators.
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Investor details for NEC
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by NEC
NEC has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include A123 Energy Solutions, ABeam Consulting and Arcon.
Investment portfolio details for NEC
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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It is an asset consulting company that handles securities and insurance, providing independent and optimal plans for clients
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Machine-learning software for personalized cancer immunotherapy is developed.
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Software solutions, network services, and consulting are provided.
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Complete acquisition details for NEC
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Financial Statements - NEC
Detailed financials for NEC
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- Profit trends
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Nec Comparisons
Peer comparison for NEC
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Competitors of NEC
NEC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Detailed competitors of NEC
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Nec
Complete news archive for NEC
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Frequently Asked Questions about NEC
NEC was founded in 1899 and raised its 1st funding round 115 years after it was founded.
NEC is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
Paul Kievit is the current CEO of NEC.
As of Mar 31, 2019, the latest employee count at NEC is 110,595.
Annual revenue of NEC is $43.76K as on Dec 31, 2018.
NEC Corporation is involved in delivering innovative technology solutions across various sectors. Advanced IT services, telecommunications, and aviation technologies are developed to address global challenges. Key areas include biometric authentication, 5G connectivity, cyber security, and seamless travel experiences through facial recognition. Sustainability and green transformation are integrated into strategies, aligning with societal and environmental goals. Solutions are co-created on a global scale to drive efficiency and safety.
NEC's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
NEC offers Biometric Authentication, 5G Solutions, Cyber Security, and Aviation Solutions.
NEC has made 15 acquisitions, including A123 Energy Solutions, ABeam Consulting, and Arcon.
NEC has 3 investors. Key investors include Aviat Networks, European Union, and NTT Group.