NEC TO REALIGN PERSONAL COMPUTER AND SERVER OPS IN NORTH AMERICA.NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. Corporation (Nasdaq: NIPNY; FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. : 6701q.l) has announced a realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. of its personal computer and server business in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Since January of 2000, NEC has been operating these businesses through NEC Computers Inc., which is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of NEC Computers International B.V based in Holland, focusing on the commercial market. NEC Computers will be realigned to become a wholly owned subsidiary of NEC Technologies Inc. based in Sacramento CA, which provides a various solutions including automated fingerprint identification systems. NEC views that it is important to strengthen the solution business area which is more rooted in the locale and requires joint approach with other NEC business in order to expand the personal computers and server business in North America. Especially, since NEC Technologies Inc., has been operating computer peripherals business and solution-related business, the realignment will help make NEC Computers more profitable by sharing the internal infrastructure and resources including information systems with NEC Technologies Inc. Over the next few years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time companies will grow to integrate the operating design. NEC will provide the most suitable value-added platform solutions that cater for specific industry applications based on mobile PC and server and leverage NEC's leading-edge technologies in such areas as wireless and security. NEC will strengthen relationships with partners, such as system integrators and application service providers that have know-how of specific industries, as well as valuable customers. |
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