NEC acquires CSG Systems and plans Netcracker integration

NEC said it has acquired US-based CSG Systems and will integrate the company into Netcracker, the telecom software business NEC already owns.

TL;DR

• NEC acquired CSG Systems.
• CSG Systems will be merged into Netcracker.
• Netcracker is already owned by NEC.

NEC is the buyer in the transaction, and CSG Systems is the company acquired. The source states that CSG Systems is based in the United States.

NEC said it will integrate CSG Systems into Netcracker after the acquisition. Netcracker is a telecom software company already owned by NEC.

The source does not provide a transaction value, closing date, regulatory timetable, or product integration details. The reported fact is that NEC has completed the acquisition and plans to combine CSG Systems with Netcracker.

Related questions

• What company did NEC acquire?
• How will NEC use CSG Systems after the acquisition?
• What is Netcracker's role in the deal?