The Japanese telecom giant Nippon Telegraph and Telephone Corp. (NTT) has created a new technology services division: NTT Ltd. The department consists of the companies Dimension Data, NTT Communication and NTT Security.
According to the company, the new entity will be worth 11 billion dollars, writes ZDNet. The entire department must have more than 40,000 employees in 57 countries. It also has 10,000 customers. In total, 28 different brands will be merged into this new entity.
Combining this entity’s new capabilities with NTT Data, we are creating a global technology and business solutions provider in the top five, with $20 billion in sales outside Japan, said president and CEO of NTT Corporation Jun Sawada.
The headquarters of the new entity will be in London. According to Sawada, that was a conscious choice. It has many advantages, including a stable economy, a wealth of skills and talent, diversity in population and way of thinking, a strong infrastructure, and schools and homes for global talent coming to live in the city.
For the Asia region – with the exception of Japan and Australia – the company’s new division will have a regional office in Singapore, headed by John Lombard as CEO for the region. He used to work for Dimension Data.
NTT Security was still in the news in March because it had taken over a company itself. This was WhiteHat Security, which was founded in 2001 by Jeremiah Grossman. WhiteHat Security offers various services to secure the cloud and corporate networks. The best-known solution is WhiteHat Sentinel, which manages over 11,000 websites. The company’s customers included Akamai Technologies, Dell, netApp and Pitney Bowes.
The acquisition should enable NTT Security to secure a smart and connected society by providing comprehensive security solutions for companies undergoing the digital transformation.This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.