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NEC buys Hungarian wireless firm

Posted: 09 Jul 2008 ?? ?Print Version ?Bookmark and Share

Keywords:wireless firm Hungarian? PASOLINK service? Linecom acquisition?

NEC Europe has announced the acquisition of 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 Eastern European PASOLINK business is continuing to expand year on year and now constitutes approximately 50 percent of PASOLINK's total European sales.

This acquisition represents NEC's first specialized PASOLINK engineering group in the Eastern European market; where product customization, engineering, maintenance and support were formerly outsourced to Linecom.

Following the acquisition, NEC will be able to meet a wide range of customer needs through total solutions that include hardware services, product customization, engineering, maintenance and support.

In addition to strengthening its PASOLINK business in Eastern Europe, NEC will capitalize on Linecom's resources to efficiently develop strategic business in Western Europe and potentially drive new product expansion.

PASOLINK microwave communication systems enable rapid installation of telecommunication infrastructure, which is essential in meeting the accelerating global demands from new mobile subscribers and mobile Internet services.

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