Japan’s NTT has merged most of its subsidiary companies into one and created an outfit with revenues of $11 billion and an international centre in London.
NTT is made up of 28 companies including comms firm NTT Communications, its datacentre and systems integrator arm Dimension Data and its managed security services business NTT Security.
Former Dimension Data CEO Jason Goodall will lead the business, and he said that NTT was “a truly global technology services provider”.
“We will deliver a full breadth of industry-leading products, solutions and managed services that address our clients’ business needs,” he said.
“We know technology doesn’t stand still and neither do we. We will continue to move our business forward to ensure we deliver solutions that are both relevant for today and tomorrow.”
The company has 40,000 staff, spread across 70 countries.
NTT president and CEO, Jun Sawada, said that NTT had chosen London as its global HQ instead of Tokyo because of its “stable economy, a wealth of skills and talent, diversity in population and thinking, strong infrastructure, schools and housing for global talent”.
NTT Data – will continue to operate as a separate company.
Prime Minister Theresa May said: “Britain has a long-standing and proud reputation as a global tech leader and it’s fantastic that NTT has chosen London for its global headquarters.
“A key part of our modern industrial strategy is to put the UK at the forefront of the tech and data revolution, and they will join many other world-leading companies who call Britain home.”
