ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Jan 28, 2022 11:18 JST
Source:
NEC Corporation
NEC Acquires Mobile Network Innovator Blue Danube Systems, Inc. to Enhance its 5G Product Portfolio and Customer Support Capability
TOKYO, Jan 28, 2022 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) today announced it has signed a definitive agreement to acquire privately held Blue Danube Systems, Inc., a U.S.-based provider of CBRS/4G/5G RAN products and AI/ML-based software solutions that help mobile operators address the challenge of 5G network buildouts and spectrum optimization. The deal is expected to close around March of 2022, pending regulatory approval.
NEC, as a leading Open RAN provider that is recognized for its end-to-end Open 5G solutions and system integration capabilities, continues to invest in the 5G business through organic and inorganic initiatives, aligned with its "Mid-term Management Plan 2025." This acquisition expands NEC's customer support capability and assets in North America, and adds to the breadth of its Open RAN solutions portfolio to support the needs and demands of customers.
Blue Danube will join NEC with an innovative team that builds onto NEC's global 5G R&D capabilities, and the company's patented beamforming technologies will further enhance NEC's leadership in 4G and 5G Radio Units based on O-RAN specifications. Additionally, it will accelerate NEC's expansion of RAN software assets to help customers address issues related to spectrum efficiency, RAN optimization and reducing network OPEX.
"Blue Danube's 5G products complement our Open 5G solutions portfolio, enabling us to meet growing market demands and accommodate diversified use cases," said Shigeru Okuya, Senior Vice President, NEC Corporation. "This acquisition is a great opportunity for us to expand our 5G offerings and will bring substantial value to our customers. NEC has committed to a leadership position in Open RAN network development and this move extends our physical reach and innovation roadmap to deliver on that commitment."
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at
https://www.nec.com
.
About Blue Danube Systems
Blue Danube Systems designs next generation wireless solutions for mobile networks and other applications. Our Coherent Massive MIMO solution brings 5G beamforming to today's networks, dramatically increasing network capacity and end user experience. Together with a cloud-based software suite utilizing machine learning techniques, our technology enables up to a 10X capacity increase in cellular networks. Blue Danube Systems is a privately held US-based start-up backed by Sequoia Capital and Silver Lake along with other investors including AT&T. For more information, please visit www.bluedanube.com.
Source: NEC Corporation
Sectors: Telecoms, 5G, Wireless, Apps
Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
Paltalk, Inc. Reports Slight Increase in Revenue and 33% Reduction in Net Loss for First Quarter 2024
May 09, 2024 20:39 JST
Honda Opens New R&D Facility in Bengaluru to Accelerate Electrification in India
May 09, 2024 14:13 JST
Fujitsu introduces "explainable AI" for use in genomic medicine and cancer treatment planning
May 09, 2024 10:41 JST
Mitsubishi Heavy Industries Increases Dividends on Back of Historically High FY2023 Results, Releases FY2024 Guidance
May 08, 2024 14:27 JST
Rome becomes the first European city to offer open loop transit payments to JCB Cardmembers
May 08, 2024 12:00 JST
NEC X Invests in Public Safety Startup Multitude Insights, Scaling AI-Powered Collaboration and Information Sharing for Law Enforcement
May 08, 2024 10:24 JST
ServiceNow and Fujitsu announce strategic commitment to launch innovative cross-industry solutions
May 08, 2024 08:52 JST
Fujitsu launches mainframe modernization automation service for the Japanese market
May 07, 2024 17:53 JST
MHI Agrees to Collaborate with Chiyoda Corporation for Licensing of CO2 Capture Technologies
May 07, 2024 13:49 JST
Four-strong TOYOTA GAZOO Racing squad to push for more Portugal success
May 02, 2024 18:05 JST
Spectacular Spa awaits TOYOTA GAZOO Racing
May 02, 2024 17:46 JST
Q&M Dental Enhances Digital Capabilities by Integrating Align Technology's Newest iTero Lumina(TM) Intraoral Scanner Across Dental Clinics in Singapore
May 02, 2024 11:00 JST
Sumitomo Metal Mining and Mitsubishi Corporation to Participate in Kalgoorlie Nickel Project - Goongarrie Hub
Apr 30, 2024 19:08 JST
New Immuno-Oncology Research Project in Partnership With Merck Starts at the BioMed X Institute in Heidelberg
Apr 30, 2024 18:00 JST
SPARX Group Establishes Space Frontiers Second Fund
Apr 29, 2024 18:49 JST
MHI Establishes Local Subsidiary "Mitsubishi Heavy Industries Vietnam"
Apr 29, 2024 18:00 JST
POSCO Future M and Honda Reach Basic Agreement on Collaboration for Production of Cathode Materials for Automotive Batteries in Canada
Apr 29, 2024 14:25 JST
Honda Plans to Establish Comprehensive Electric Vehicle Value Chain in Ontario, Canada
Apr 29, 2024 14:16 JST
JCB enables JCB Contactless acceptance at Taichung MRT in Taiwan
Apr 26, 2024 10:00 JST
Mazda Production and Sales Results for March 2024 and for April 2023 through March 2024
Apr 25, 2024 18:21 JST
More Latest Release >>
Related Release
NEC X Invests in Public Safety Startup Multitude Insights, Scaling AI-Powered Collaboration and Information Sharing for Law Enforcement
5/8/2024 10:24:00 AM JST
NEC Develops High-speed Generative AI Large Language Models (LLM) with World-class Performance
4/24/2024 1:25:00 PM JST
NEC Strengthens Commitment to Space Industry with Investment in Seraphim Space Venture Fund II
4/22/2024 3:09:00 PM JST
DOCOMO, NTT, NEC and Fujitsu Develop Top-level Sub-terahertz 6G Device Capable of Ultra-high-speed 100 Gbps Transmission
4/11/2024 3:10:00 PM JST
Transgene and NEC Present First Clinical Benefits of Neoantigen Cancer Vaccine, TG4050, in Head & Neck Cancer at AACR 2024
4/10/2024 1:36:00 PM JST
NEC white paper proposes comprehensive process workflow for the application of AI-driven personalized cancer vaccines
4/8/2024 1:45:00 PM JST
NEC develops marketing strategy planning & effectiveness simulation technology using generative AI
3/25/2024 10:08:00 AM JST
NEC and NTT successfully conduct first-of-its-kind long-distance transmission experiment over 7,000km using 12-core optical fiber
3/22/2024 8:38:00 AM JST
NEC and Tokyo Medical and Dental University use AI to assist self-care for chronic lower back pain
3/21/2024 10:02:00 AM JST
NEC and Skyloom to Pioneer 100 Gbps Space Optical Communications, Transforming Global Internet Connectivity
3/20/2024 3:30:00 PM JST
More Press release >>