NEC Corporation

Intro and history: NEC Corporation, originally known as Nippon Electric Company, Limited, is a multinational information technology and electronics company headquartered in Minato, Tokyo, Japan. Founded in 1899 by Kunihiko Iwadare, it started as a telegraph company and has since evolved into a leading global provider of IT services and products. Industry: Information Technology and Electronics Product, Services and Operations: NEC provides a wide range of IT services and products, including cloud solutions, system platforms, network products, and telecom services. It also offers solutions for government and public, manufacturing, retail, and telecom carriers. Funding Details: As a publicly-traded company, NEC's funding comes from its shareholders. As of March 2021, its market capitalization is approximately 1.3 trillion JPY. Acquisitions: NEC has made several notable acquisitions, including the IT services company Northgate Information Solutions in 2008 and the Danish IT company KMD in 2019. Awards and Achievements: NEC has received numerous awards and recognitions, including the "Red Dot: Best of the Best" award for its biometric identification technology and the "2019 Frost & Sullivan Asia Pacific Biometrics Company of the Year" award. Please note that the information provided is based on the latest available data and may be subject to change.