Effective from April 1, 2007, NEC Business Solutions Ltd. (Melbourne, Australia) will be integrated into NEC Australia Pty. Ltd. The decision to integrate NEC's Australian operations was taken in response to the rapid changes occurring in the Australian Information Communication Technology market, in particular the growth of wireless communications, broadband and IP telephony. It is aimed at increased synergy and business collaboration between NEC Australia and NEC Business Solutions in the key areas of IT and networks. NEC Australia will continue to be headquartered in Melbourne, Australia, with combined annual revenues of more than AU$582 million.
After integration, NEC Australia will be able to improve cost structures and increase its effectiveness as a supplier of integrated voice and data solutions toward promotion of long-term growth through joint business opportunities and increased efficiencies. The integration will also give the company a market leading position in providing total communications and allow active exploration of new business opportunities. It will continue to maintain the largest ICT research and development facility in Australia and provide its current customers with integrated solutions.
Toshiharu Iwasa, managing director of NEC Business Solutions and NEC Australia, stated, "The integrating of these NEC operations will strengthen our product and solutions portfolio immensely, putting us in a unique position to offer our diverse customer base integrated end-to-end solutions in the Australian ICT market, reducing integration and installation timeframes considerably. We are confident that our customers will experience a seamless transition. The move will in fact improve response times, helping our customers maintain their own competitive edge."