ReutersReuters

Japan's NEC to acquire CSG Systems for $2.89 billion

RefinitivLess than 1 min read

Japanese technology group NEC 6701 will pay about $2.89 billion to acquire U.S.-based telecoms and broadband software company CSG Systems CSGS, it said on Wednesday.

The acquisition, expected to close in 2026, will be financed through a combination of cash on hand and external debt, NEC said.

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