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M&A Deal Summary

NEC Acquires Aspire Technology

On July 1, 2022, NEC acquired information technology company Aspire Technology

Acquisition Highlights
  • This is NEC’s 4th transaction in the Information Technology sector.
  • This is NEC’s 1st transaction in Ireland.

M&A Deal Summary
Date 2022-07-01
Target Aspire Technology
Sector Information Technology
Buyer(s) NEC
Deal Type Add-on Acquisition

Target

Aspire Technology

Dublin, Ireland
Aspire Technology is a provider of technology solutions and specialized system integration (SI) with unique skills in designing and integrating Open Networks, a critical need in the drive toward successful global adoption of Open RAN 5G. The company provides solutions and services across the full network lifecycle for legacy and open architectures, from 2G to 5G, and will continue to utilize its expertise and experience in the growing Open Networks and Open RAN environment. Aspire Technology was formed in 2009 and is based in Dublin, Ireland.

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Buyer(S) 1

Buyer

NEC

Tokyo, Japan
Category Company
Founded 1899
Sector Technology Hardware
Employees104,194
Revenue 3.42T JPY (2025)
DESCRIPTION
NEC's office in Santa Clara, California.
NEC's office in Santa Clara, California.

NEC is a global provider of IT hardware and solutions. The Company also offers systems integration services, such as systems implementation and consulting services. NEC was founded in 1899 and is based in Tokyo, Japan.

DEAL STATS #
Overall 13 of 14
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 12 of 13
Country: Ireland M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-28 Blue Danube

Santa Clara, California, United States

Blue Danube designs next generation wireless solutions for mobile networks and other applications. Its Coherent Massive MIMO solution brings 5G beamforming to today’s networks, dramatically increasing network capacity and end user experience. Together with a cloud-based software suite utilizing machine learning techniques, our technology enables up to a 10X capacity increase in cellular networks. Blue Danube is based in Santa Clara, CA and New Providence, NJ.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-09 NEC - Wireless Transport Business

Tokyo, Japan

NEC's Wireless Transport Business provides wireless transport solutions. NEC's Wireless Transport Business is based in Tokyo, Japan.

Sell $70M
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