NEC Expands Portfolio with the Acquisition of German-Based S[quadrat]
NEC Display Solutions on Feb. 5, announced the acquisition of S[quadrat], a leading provider of LED solutions, as the company looks to expand its display technology portfolio to include complete LED systems for indoor (fine pitch) and outdoor solutions, designed and engineered in Germany.
With more than 30 years’ experience in the AV industry, 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. The new acquisition will enable NEC to integrate and further develop its LED solutions and continue to develop its professional services and additional support capabilities. 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.
The market demand for large digital canvasses is rapidly growing across all major display technologies – LFD video walls, large venue/laser projection and LED walls, whereas now NEC becomes a single source for all product categories providing customers the ultimate choice to match their individual needs. There’s a clear growing demand from a range of 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.
Over the past three years NEC has successfully promoted the S[quadrat] product portfolio across all major markets. S[quadrat] has built an enviable reputation for state-of-the art LED display systems that combine high operating safety and pioneering feature sets that ensure a future-proof investment. These are combined with high quality components paired with an innovative design, all engineered in Germany. Customers can now benefit from a long-term LED expertise resulting in enhanced service offerings like Visualization as a Service with a holistic project sales support especially for complex installations including design, planning, consultancy, installation and after-sales support for long-lasting operation and investment security.
Hisatsugu Nakatani, President, NEC Display Solutions, Ltd. 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.”
“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, S[quadrat] GmbH. “With our highly skilled expert team and long-term experience within the field of indoor and outdoor LED systems, we can offer professional and specialized added value and leverage the scale and value proposition to the NEC channel partners with service offerings like project planning, installations and maintenance.”
