M&A Deal Summary

NEC Acquires OncoImmunity AS

On July 29, 2019, NEC acquired medical products company OncoImmunity AS

Acquisition Highlights
  • This is NEC’s 1st transaction in the Medical Products sector.
  • This is NEC’s 1st transaction in Norway.

M&A Deal Summary

Date 2019-07-29
Target OncoImmunity AS
Sector Medical Products
Buyer(s) NEC
Deal Type Add-on Acquisition

Target

OncoImmunity AS

Oslo, Norway
OncoImmunity AS is a bioinformatics company offering proprietary machine-learning based software to address the key knowledge gaps in the prediction of bone fide immunogenic neoantigens for personalized cancer immunotherapy. OncoImmunity AS was founded in 2014 and is based in Oslo, Norway.

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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 9 of 14
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 13
Country: Norway M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-27 KMD A/S

Ballerup, Denmark

KMD A/S is a provider of IT software solutions and services to the Danish municipalities and central government. KMD was formed in 1972 and is based in Ballerup, Denmark.

Buy kr.8.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Nippon Avionics

Yokohama, Japan

Nippon Avionics manufactures and sells micro joining equipment. The company offers resistance, laser, seam welders, ultrasonic equipment, pulse heat unit, high-frequency induction heaters, pulse heat fusing units, as well as joining monitors. Nippon Avionics was founded in 1960 and is based in Yokohama, Japan.

Sell -