NEC accepts investment in a special purpose company that holds all shares in Avaloq

NEC Corporation (NEC; TSE: 6701) today announced it has decided to accept investment from the Fund Corporation for the Overseas Development of Japan's ICT and Postal Services (JICT) in a special purpose company that was established in December 2020 for the acquisition of Avaloq Group AG (Avaloq), a leading Swiss financial software company.

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