NEC has sold its Packard Bell unit to companies controlled by John Hui, the former owner of e-Machines, NEC said Monday.The value of the deal was not disclosed.Packard Bell markets and sells PCs and other consumer electronics products in Europe, the Middle East, Africa and South America. The company that has been sold was created last year from what was left after the enterprise PC business was spun out of NEC Computers International to NEC Computers SAS, a French unit of NEC. NEC’s links with the Packard Bell brand name date back to July 1995, when it paid US$170 million for a 19.9 percent stake in U.S. PC maker Packard Bell Electronics.Its revenue in the year from April 2005 to March 2006 was 1.3 billion euros (about US$1.63 billion). “NEC’s focus has been going more towards the enterprise market, so we decided it’s in the best interests of Packard Bell and NEC to sell the company,” said Diane Foley, an NEC spokeswoman in Tokyo.-Martyn Williams, IDG News Service (Tokyo Bureau) Related Links: NEC to Sell Water-Cooled PC With Blu-ray Drive NEC to Ship HD DVD, Blu-ray Dual Format Chip Gateway Mulls Offer for Retail BizCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content feature Expedia poised to take flight with generative AI CTO Rathi Murthy sees the online travel service’s vast troves of data and AI expertise fueling a two-pronged transformation strategy aimed at growing the company by bringing more of the travel industry online. By Paula Rooney Jun 02, 2023 7 mins Travel and Hospitality Industry Digital Transformation Artificial Intelligence case study Deoleo doubles down on sustainability through digital transformation The Spanish multinational olive oil processing company is immersed in a digital transformation journey to achieve operational efficiency and contribute to the company's sustainability strategy. By Nuria Cordon Jun 02, 2023 6 mins CIO Supply Chain Digital Transformation brandpost Resilient data backup and recovery is critical to enterprise success As global data volumes rise, business must prioritize their resiliency strategies. By Neal Weinberg Jun 01, 2023 4 mins Security brandpost Democratizing HPC with multicloud to accelerate engineering innovations Cloud for HPC is facilitating broader access to high performance computing and accelerating innovations and opportunities for all types of organizations. By Tanya O'Hara Jun 01, 2023 6 mins Multi Cloud Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe