trending Market Intelligence /marketintelligence/en/news-insights/trending/rCG_DlmnLRhmdQsG8xFOMQ2 content esgSubNav
In This List

NEC to buy Danish IT company


Tudor, Pickering, Holt & Co. Research Now Available

Case Study

A University Adds Aftermarket Research to Its Student Toolkit


Christopher & Banks Corporation – tracking the early-warning signals of credit risk


Next in Tech | Episode 83: (Re)Building the Digital Workplace

NEC to buy Danish IT company

NEC Corp. agreed to buy KMD Holding ApS for about 8 billion Danish kroner from private equity investor Advent International Corp.

The acquisition is expected to close by the end of February 2019.

KMD Holding is the holding company of Danish information technology company KMD A/S. NEC integrates computing and network technologies in Japan and internationally.

As of Dec. 26, US$1 was equivalent to 6.55 Danish kroner.