NEC agreed to acquire KMD A/S, the largest Danish IT company, for approximately 8 billion Danish Kroner (DKK) from Advent International, a global private equity firm.
The acquisition is expected to be completed by the end of February 2019.
KMD mainly provides software and IT services in Denmark through business models that generate profit continuously on a recurring basis, such as software as a service (SaaS) offerings. Specifically, KMD has a...
