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New Deal


Announced

NEC to acquire Aspire Technology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Single Bidder

Acquisition

Friendly

telecommunication equipment

Ireland

technology services

Majority

Cross Border

Telecommunications Equipment

Private

Synopsis

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NEC, a firm engaged in all telecom network domains and layers, agreed to acquire Aspire Technology, a provider of technology solutions and specialized system integration. Financial terms were not disclosed. "We believe the combination of NEC and Aspire Technology will provide tremendous benefits to our customers, both legacy network-based and those evolving to the more Open environment, and also to the broader 5G and Open RAN marketplace, which is growing rapidly. We share a common vision of the 5G and Open RAN market, and a history of delivering complex integration projects with some of the largest carriers in the world. Together, we create a compelling and comprehensive 5G solutions portfolio," Bill Walsh, Aspire Technology Founder and CEO.

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