NEC Corporation has agreed to acquire Aspire Technology, enhancing its capabilities in delivering Open RAN ecosystems and system integration for telecom operators globally.
Target Information
NEC Corporation (NEC; TSE: 6701) has bolstered its capacity to deliver End-to-End Open RAN ecosystems through its agreement to acquire Aspire Technology Unlimited Company (Aspire Technology), based in Dublin, Ireland. Aspire Technology is renowned for its expertise in technology solutions and specialized system integration, with a strong emphasis on designing and integrating Open Networks. This capability is essential for driving the successful global adoption of Open RAN 5G technology.
Founded in 2009 by seasoned executives with over a century of collective experience in telecommunications, Aspire Technology offers comprehensive solutions and services across the entire network lifecycle, ranging from legacy technologies to cutting-edge open architectures. The company actively collaborates with leading operators, vendors, and system integrators around the world, underscoring its commitment to innovation and cost efficiency in telecom networks.
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Industry Overview in Ireland
The telecommunications industry in Ireland has seen significant advancements over the past few years, adapting to the global shift towards open and programmable network architectures. Companies in the region are increasingly
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NEC Corporation
invested in
Aspire Technology Unlimited Company
in 2022
in a Buyout deal