In connection with the completion of the transaction, NDS has changed its company name to Sharp NEC Display Solutions Ltd. (SNDS) and has started business operations as a subsidiary of Sharp. The newly formed SNDS will continue its focus on the BtoB display business, producing and developing a broad range of visual display solutions for a variety of markets and applications.
Fujikazu Nakayama, Senior Executive Managing Officer and Business Solutions BU President of Sharp, will serve as Chairman of the new business and Hisatsugu Nakatani, President of NEC Display Solutions, will serve as President of SNDS.
This new company represents an ongoing commitment to the display solutions business. Both Sharp and NDS display businesses are two market-leading brands in the production and development of visual solutions, and the Sharp-NEC joint venture will result in a wide range of synergies. Known worldwide for a commitment to high-quality products, focus on customer support and partner relationships, SNDS approaches this new opportunity with plans to continue delivering solutions to its customers around the world.