NEC : Acquires Brazil-Based IT Security Business Arcon
August 18, 2016 at 10:20 pm EDT
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São Paulo, Brazil & Tokyo, Japan, August 19, 2016 - NEC Corporation (NEC; TSE: 6701) today announced that NEC Latin America concluded an acquisition agreement for Brazil-based IT Security business Arcon Informatica S.A. (Arcon) as part of reinforcing IT Services in the region.
Since its establishment in 1995, Arcon has successfully promoted business through Cyber Security consulting and managed security services, while building a portfolio of leading customers that spans the energy, finance, telecommunications and manufacturing fields, in addition to government agencies.
IT investment in Brazil represents a large portion of Central and South American IT investment. Although the overall pace of economic growth in Brazil has slowed in recent years, the IT market has continued to steadily expand. Specifically, the IT Security market is expected to grow particularly fast over the upcoming years.
NEC first established a local affiliate in Brazil in 1968. Since then, the company has contributed to a wide range of important national projects, including the provision of technologies and services in support of telecommunications, broadcasting and essential infrastructure. Most recently, in addition to the network business for telecommunications carriers, NEC has been strengthening its Safety business, which leverages the world's most accurate* biometrics authentication technologies, as well as its provision of comprehensive infrastructure for large-scale facilities, such as airports and athletic stadiums in Brazil.
'The acquisition of Arcon enables us to mutually capitalize on their leading technologies, know-how, and customer base in order to drive the expansion of the Cyber Security field in Brazil,' said Daniel Mirabile, President of NEC in Brazil. 'Moreover, we aim to proactively create synergies between our companies that provide even greater value for our new, existing and future clients.'
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About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.
The NEC Group globally provides 'Solutions for Society' that promote the safety, security, efficiency and equality of society. Under the company's corporate message of 'Orchestrating a brighter world,' NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit
NEC Corporation published this content on 19 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 August 2016 02:20:04 UTC.
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NEC Corporation specializes in the manufacturing and marketing computing and telecommunication equipments. Net sales break down by activity as follows:
- IT services (53.9%): integration, maintenance, outsourcing, support services, etc.;
- sale of IT infrastructure products and network systems (17%). In addition, the group provides network services;
- sale of digital government and financial services software (14.9%);
- other (12.7%): sale of hardware, mobile telephones, lighting products, energy management and storage systems, etc.
Net sales are distributed geographically as follows: Japan (75%), Asia/Pacific (11.2%), Europe/Middle East/Africa (9.8%) and Americas (4%).
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