Japan: NEC Corporation acquires Northgate from Cinven in $649m deal

Japan: NEC Corporation acquires Northgate from Cinven in $649m deal

A logo of NEC Corp is pictured at CEATEC (Combined Exhibition of Advanced Technologies) JAPAN 2016 at the Makuhari Messe in Chiba, Japan, October 3, 2016. REUTERS/Toru Hanai

Tokyo-listed NEC Corporation is acquiring UK-based IT services company Northgate Public Services Limited (NPS) for GBP 475 million ($649.3 million). It is buying the IT services firm from international private equity firm Cinven.

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