NEC to acquire Argentinean video surveillance company

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NEC Corp has announced the completion of acquisition procedures for purchasing 85% share of Global View S.A., a leading Argentinean company dedicated to video surveillance services.

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After the acquisition, Global View S.A. will be a subsidiary of NEC and operate under NEC Latin America, NEC’s regional headquarters. Tadashi Ugajin, CEO of NEC Latin America, is set to become chairman and Carlos Martinangeli is to become president.

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Global View S.A. has a strong customer base in surveillance services, particularly with municipal governments. Global View’s business is based on a “monthly fee for service” model for solutions that include street cameras, wireless networks for transmitting video, displays for monitoring images, data centers for storing video and software for integrating and operating solutions.

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Global View’s highly regarded solutions enable the company to maintain solid positioning in Argentina’s public safety market.

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NEC has provided over 200 public safety solutions across more than 30 countries worldwide. Its solutions include world leading biometrics solutions, national IDs, border control and facility maintenance utilizing technologies such as sensors and big data.

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