The Japanese IT services provider is targeting $150m from other corporates for its Orchestrating Future Fund, which is tasked with boosting the technology ecosystem.
Japan-headquartered IT services firm NEC Corporation has launched an investment vehicle called Orchestrating Future Fund and plans to raise $150m for the fund from external limited partners.
NEC provides software and computing, networking and data storage technology for use across a wide range of industries.
The additional capital is set to come from additional corporates and the goal of the fund is to strengthen innovative external services, knowledge and technologies as well as the creation of ecosystems capable of enhancing…
