NEC Corporation

NEC acquires Aspire Technology

by Gerhard Fasol (1 July 2022)

On 1 July 2022 NEC acquired Irish company Aspire Technology, financial terms were not disclosed, but we estimate company value on the order of €2 million.

Aspire Technology

Funding

  • 2016, initial investment €1,000
  • 2017 €1,050,000 in state aid from Enterprise Ireland
  • March 2020 €540,000 R&D grant from EI
  • estimated company value €1.8 million

NEC

https://en.wikipedia.org/wiki/NEC

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