NEC buys LED provider S[quadrat]
NEC Display Solutions is expanding its display technology portfolio with the acquisition of LED display provider S[quadrat].
The purchase of the German company, which supplies indoor (fine pitch) and outdoor products, will help NEC to integrate and develop its LED products, services and support. NEC has promoted the S[quadrat] product portfolio for three years.
Hisatsugu Nakatani, president of NEC Display Solutions, said: “NEC is offering the broadest visual solutions portfolio in the industry and is seen as a trusted advisor and total solutions provider. The acquisition of the S[quadrat] business will enable NEC to bring even greater value and benefits to our customers and partners by extending the service offerings. S[quadrat] and NEC follow the same strategic direction, focusing on high customer satisfaction performed by high quality products, sales leadership excellence and intense customer relationship building.”
Andreas Brockschmidt, sales and marketing director of S[quadrat], said: “With our highly skilled expert team and long-term experience within the field of indoor and outdoor LED systems, we can offer professional and specialised added value and leverage the scale and value proposition to the NEC channel partners with service offerings like project planning, installations and maintenance.”