Regulator probes NEC Software Solutions £62m merger with Capita business
Summary
It means NEC Software must await the outcome of the regulator’s investigation before fully combining the two businesses. UKTN understands that the CMA’s investigation will focus on the nature of the merged NEC and Secure Solutions and Services businesses, as opposed to unwinding the transaction. London-headquartered Secure Solutions and Services provides software to police forces in the UK and globally. UKTN has contacted NEC for comment but did not receive a reply at the time of publication. At the end of last year, it said it will unwind Facebook’s $400m acquisition of GIF company Giphy.
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