NEC acquires German-based S[quadrat]
NEC Display Solutions has acquired S[quadrat], a 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.
The acquisition will enable NEC to integrate and further develop its LED solutions and continue to develop its professional services and additional support capabilities, the company says.
NEC says 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. Other growth applications include control rooms, corporate conference environments and more.
Over the past three years NEC has promoted the S[quadrat] product portfolio across all major markets, the company says. S[quadrat] provides LED display systems that combine high operation safety and pioneering feature sets, the companies say.
“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.”
February 27-28, 2018