NEC has acquired an 85% stake of Global View, an Argentinean company that provides video surveillance services. Following closing of the transaction, Global View will operate as a subsidiary of NEC Latin America.
Global View does a lot of work with municipal governments, with a business model based on a “monthly fee for service” for solutions that include street cameras, wireless networks for transmitting video, displays for monitoring images, data centers for storing video and software for integrating and operating solutions.
Global View said the purchase will enable the company to enhance its public-safety business and to provide solutions designed to meet a wider range of customer needs. NEC said it has provided over 200 public-safety solutions across more than 30 countries. Its solutions include biometrics solutions, national IDs, border control and facility maintenance utilizing technologies such as sensors and big data.
In Argentina, NEC currently operates a regional competence center supporting the public-safety business and has deployed solutions throughout Latin America and other regions.