FPT Announces First Acquisition in Japan with Full Ownership of Next Advanced Communications NACStrategic Move Strengthens FPTs Global Expansion and Commitment to Digital Transformation in JapanFPT Corporation FPT has acquired IT services company Next Advanced Communications Co., Ltd. NAC, marking its first merger and acquisition MA deal in Japan. With NAC as FPTs wholly-owned subsidiary, the company aims to double its customer base and service offerings, deepening its foothold in the Japanese market.Accelerating Growth and InnovationThis strategic investment aligns with FPTs global expansion strategy, enabling the Vietnamese firm to capitalize on NACs expertise in technology consulting, architecture design, system planning, and development. With these additional resources, FPT aims to achieve one billion USD in revenue from the Japanese market by 2027, employing over half of its workforce in Japan as multinational employees.Addressing Digital Transformation ChallengesRecognizing the challenges of digital transformation in Japan, including an ageing population and a shortage of ICT human resources, FPTs acquisition of NAC reflects its commitment to supporting Japanese businesses in their digital and green transformation journeys. This acquisition enables FPT to foster sustainable growth, expand its services to new industries, and reach a wider range of customers.Synergy and CollaborationLike NAC, FPT strives to leverage technology to address a variety of customer issues, with the goal of creating a sustainable society for everyone, said Do Van Khac, FPT Software Senior Executive Vice President and FPT Japan CEO. We aim to enhance the Japanese engineer talent pool and cooperate with local companies to help our clients maintain business continuity despite geopolitical challenges.Naoto Yamazaki, NAC Chairman, expressed optimism, stating, Today, as we join the FPT family, I believe we can maintain our growth and form a stronger synergy for the future. NAC and FPT will strive to accelerate our business more than ever and become a company that can contribute to society.FPTs Global FootprintSince 2014, FPT has completed multiple MA deals in the US and Europe. The acquisition of NAC highlights FPTs long-term commitment to the Japanese market, generating momentum for future MA activities.With nearly two decades of presence in Japan, FPT Japan has become one of the countrys largest foreign-invested tech firms in terms of human resources. Employing over 2,900 onsite employees, nearly 15,000 overseas employees, and operating 16 local offices and innovation hubs, FPT Japan has provided services and solutions to over 450 clients worldwide.About FPT CorporationFPT Corporation FPT is a globally leading technology and IT services provider headquartered in Vietnam. Operating in three core sectors: Technology, Telecommunications, and Education, FPT has established Vietnams position on the global tech map by providing practical and effective products to millions of people and organizations worldwide. With a focus on emerging technologies, FPT has developed the Made-by-FPT ecosystem, offering sustainable growth and distinctive experiences to customers. In 2023, FPT recorded a total revenue of US2.17 billion and 70,000+ employees.About NAC Co., Ltd.NAC Co., Ltd. was established in 2011 and specializes in marketing, consulting support, system planning, and system design, development, operation, and maintenance. As a member of the FPT Group, NAC aims to realize a sustainable future through its services.