The S[quadrat] deal comes at a time when NEC is looking to “expand its display technology portfolio to include complete LED systems for indoor (fine-pitch) and outdoor solutions,” according to the press release.
“This acquisition further strengthens and positions NEC as one of the world’s leading visual solutions provider while supporting a more consultative market approach focusing on in-depth understanding of customer challenges and vertical industry opportunities,” according to the announcement.
The deal “will enable NEC to integrate and further develop its LED solutions and continue to develop its professional services and additional support capabilities,” according to the press release. “By providing a total package of full-service offerings along with its premium display technology NEC can offer end-to-end visualization services to its customers.”
Inside NEC’s Acquisition of S[quadrat]
With the move, NEC becomes a single source for large-format display video walls, large venue/laser projection and LED walls. This comes along with a growing demand from several industries for large-screen signage, advertisement and infotainment: transportation companies requiring bigger passenger information displays, retailers enhancing outdoor branding and advertising as well as in-store marketing, while other growth applications include control rooms, corporate conferencing environments and more.
NEC becomes a single source for large-format display video walls, large venue/laser projection and LED walls.
Over the past three years, NEC has promoted the S[quadrat] product portfolio across all major markets, while S[quadrat] has built a reputation for state-of-the art LED display systems that combine safety and feature sets.
Customers can now benefit from a long-term LED expertise resulting in service offerings like Visualization as a Service with holistic project sales support, especially for complex installations including design, planning, consultancy, installation and after-sales support for long-lasting operation and investment security.
“The acquisition of S[quadrat] will enable NEC to bring even greater value and benefits to our customers and partners by extending the service offerings,” said Hisatsugu Nakatani, president of NEC Display Solutions, Ltd., in the press release. “We follow the same strategic direction, focusing on high customer satisfaction performed by high quality products, sales leadership excellence and intense customer relationship building.”
“We have been working closely with NEC since a couple of years now and we are really looking forward to join forces to create an even stronger impact to the market,” said Andreas Brockschmidt, sales and marketing director at S[quadrat] GmbH. “We can offer professional and specialized added value and leverage the scale and value proposition to the channel partners with service offerings like project planning, installations and maintenance.”