NEC to buy U.S. software firm CSG in $2.89 billion deal to boost telecom offerings
TOKYO – Japan’s NEC Corporation (TSE: 6701) said on Wednesday it will acquire U.S.-based software company CSG Systems International, Inc. (NASDAQ: CSGS) for approximately $2.89 billion in cash, a move aimed at significantly expanding its footprint in the North American telecom technology market. The deal, one of the largest overseas acquisitions by a Japanese tech firm…