NEC to merge visual display equipment businesses
NEC Corporation, NEC Viewtechnology, Ltd. and NEC Display Solutions, Ltd have agreed to merge the projector business of NEC Viewtechnology and the desktop and large-screen LCD businesses of NEC Display Solutions effective April 1, 2007.
Yoshiaki Tsuda has been named as the President of the new NEC Display Solutions, Ltd.NEC Viewtechnology's projectors are currently marketed by the Visual System Division of NEC Corporation of America (NEC Visual System Division) in North America. After integration, NEC Display Solutions of America, Inc. will lead the visual display business including projectors, plasma displays and LCD monitors in North America.
"The merger of these two NEC organizations will not only increase our operational efficiencies but it also enables the new company, NEC Display Solutions, Ltd. to offer a portfolio of products and display technologies," said TJ Trojan, President and COO at NEC Display Solutions of America. "The change will allow the company to deliver its technologies and solutions to our customers faster and help us to grow and expand our business."