The acquisition of S[quadrat], a provider of LED solutions, was announced yesterday by NEC Display Solutions, as the company looks to expand its display technology portfolio to include complete LED systems for indoor and outdoor solutions. Over the past three years NEC has promoted the S[quadrat] product portfolio across all major markets.
The new acquisition will, the company says, enable NEC to integrate and further develop its LED solutions and continue to develop its professional services and additional support capabilities.
“We have been working closely with NEC for a couple of years now and we are really looking forward to join forces to create an even stronger impact to the market,” said Andreas Brockschmidt, sales and marketing director, S[quadrat].
“With our highly skilled expert team and long-term experience within the field of indoor and outdoor LED systems, we can offer professional and specialised added value and leverage the scale and value proposition to the NEC channel partners with service offerings like project planning, installations and maintenance.”
Hisatsugu Nakatani, president of NEC Display Solutions, said: “NEC is offering the broadest visual solutions portfolio in the industry and is seen as a trusted advisor and total solutions provider.
The acquisition of the S[quadrat] business will enable NEC to bring even greater value and benefits to our customers and partners by extending the service offerings. S[quadrat] and NEC follow the same strategic direction, focusing on high customer satisfaction performed by high quality products, sales leadership excellence and intense customer relationship building.”