Highlights

  • NEC to acquire CSG Systems for USD 2.9 billion, including debt
  • Deal expands NEC’s SaaS and digital transformation footprint across global industries
  • Combined operations to serve customers across communications, finance, healthcare, and logistics.

NEC Corporation (TSE:6701) and CSG Systems International, Inc. (NASDAQ:CSGS) announced that they have entered into a definitive agreement under which NEC will acquire CSG for USD 80.70 per share in cash, representing a total enterprise value of approximately USD 2.9 billion (JPY 438.5 billion), including debt.

The transaction price represents a 17.38% premium to CSG’s closing share price of USD 68.75 on October 28, 2025, and a 23.07% premium to the 30-day volume-weighted average price of CSG’s common stock for the period ending October 28, 2025.

Strategic Rationale

According to the announcement, the acquisition will enhance NEC’s position in next-generation digital solutions and advance its efforts in AI and cloud-based innovation across multiple sectors.

The combination of CSG’s SaaS product portfolio and global customer network with NEC and its subsidiary Netcracker Technology is expected to expand NEC’s reach in digital transformation, software-as-a-service, and customer engagement solutions.

The combined organization aims to deliver a broader suite of software offerings for global communication service providers and leading enterprises in media, financial services, healthcare, retail, and logistics.

Transaction Details and Approvals

The Boards of Directors of both NEC and CSG have unanimously approved the agreement. The acquisition is expected to close within the 2026 calendar year, subject to customary closing conditions.

About NEC

Founded in 1899, NEC Corporation employs approximately 110,000 people globally and focuses on applying AI, security, and communications technologies to meet the evolving needs of businesses and society.

About CSG

CSG Systems International, Inc. provides customer experience, billing, and payments solutions designed to help companies enhance their customer relationships. Its SaaS-based platforms serve a diverse client base across industries and global markets.