Categories
Economics Japan's electronics industry telecommunications

Japan trends 2008/2009

One of our clients in the financial industry asked me several trend questions:

  1. Q1: Biggest surprises in Japan in 2008?
    • Collapse of Japan’s mobile phone handset market (read our blog). In this context the Japanese telecom equipment makers association invited me to give a presentation, which was booked out 2-3 weeks ahead – about 100 Japanese telecom equipment maker managers attended! The General Affairs Vice-Minister / Secretary of State attended….
    • The dramatic increase of acquisitions by Japanese companies:
  2. Q2: Biggest changes for 2009?
    • Hopefully LED/Solid state lighting going mainstream to save energy
    • Batteries and solar cells in combination starting to replace petrol for cars
    • Solar cell battle (between Q-cells, SHARP and others)
  3. Q3: Key topics in Japanese media for 2009?
    • Financial crisis and reviving the economy
    • Crisis of the car industry – and car industry’s paradigm shift

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Categories
M&A Software telecommunications

NTT-Data expands to Europe: Acquisition of Cirquent GmbH

NTT Data and BMW agreed today, that NTT Data will acquire 72.9% of outstanding shares of Cirquent GmbH

NTT Data thus gains BMW as largest customer in Europe

Today, August 1, 2008, NTT Data and BMW agreed, that NTT Data will acquire 72.9% of the outstanding shares of Cirquent GmbH in order to globalize.

Cirquent was part of the BMW Group, and is Germany’s 7th biggest system integrator

Between 1992-2008 Cirquent was part of the BMW Group. Cirquent is No. 7 in the Luenendonk ranking of German system integrators. Among Cirquent customers are BMW, Deutsche Boerse, Muenchner Rueck (reinsurer), and T-Mobile Germany. Cirquent has about 1800 employees and achieved sales of EURO 286 Million in 2007.

Cirquent share ownership ratios after this acquisition:

  • 72.9% NTT Data
  • 25.1% BMW AG
  • 2% Cirquent GmbH employees

After this acquisition, BMW becomes NTT Data’s largest customer in Europe. We consider this acquisition an excellent move by NTT Data, NTT Data acquired Germany’s 7th largest system integrator, including about 1000 highly qualified employees, and at the same time also gained BMW as largest customer in Europe, together with a number of other blue chip customers such as Deutsche Boerse, Muencher Rueck and T-Mobile Germany.

Read more about Japan’s telecom sector in our J-COMM report.

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