NEC Acquires the Largest Danish IT Company, KMD
NEC Corporation (NEC)(TOKYO:6701) today announced the acquisition of KMD Holding ApS, the holding company of KMD A/S (KMD), the largest Danish IT company. NEC is acquiring KMD for approximately 8 billion Danish Kroner (DKK) from Advent International, one of the world’s largest and most experienced private equity investors. The acquisition is expected to be completed by the end of February 2019.
NEC is a leader in the integration of IT and network technologies that benefit businesses and peo...