Tag: DX

NEC to buy U.S. software firm CSG in $2.89 billion deal to boost telecom offerings

Posted on

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…

ARATA, PALTAC, and PLANET to launch product data registry for Japan consumer goods

Posted on

TOKYO: Japanese distributors ARATA CORPORATION and PALTAC CORPORATION, along with data exchange firm PLANET, INC., said on Monday they will establish a new company to centralize product information management for the consumer goods industry. The new venture, Product Registry Services, Inc., aims to create a single, standardized source for product data – such as descriptions…

H.I.G. gets more support for its bid to buy DX

Posted on

LONDON: H.I.G. European Capital Partners LLP, a private equity firm, has received renewed letters of intent from two major shareholders of DX, a logistics company, to back its possible offer for the company. Gatemore Capital Management LLP and Lloyd Dunn, the CEO of DX, together hold about 31.6 per cent of DX’s shares and contracts…