NEC Corporation is a Japanese multinational IT company, has its headquarters in Tokyo, Japan. The company provides information technology (IT) and network solutions to business enterprises, communications services providers and government. NEC has structured its organization around three principal segments: IT solutions, network solutions and electronic devices. The IT solutions business delivers computing solutions to business enterprises, government and individual customers — in the form of software, hardware and related services. The network solutions business designs and provides broadband network systems, mobile and wireless communications network systems, mobile handsets, broadcast and other systems. NEC's electronic devices business includes semiconductors, displays and other electronic components. NEC produces Versa notebooks for the international market. Created in 1899, Nippon Electric Company, Limited (renamed NEC Corporation, effective April, 1983, both expressed as NEC hereafter) Japan's first joint venture with foreign capital, was established by Kunihiko Iwadare in association with the U.S. firm Western Electric Company (presently Alcatel-Lucent).