Wednesday, February 18, 2009

NSN Transfers Some R&D to Finland's Tieto

Tieto and Nokia Siemens Networks have agreed on a business transfer whereby 46 employees from Nokia Siemens Networks Operations and Business Software business unit in Finland have transferred to Tieto. Research and development activities as well as program management for business support systems are included in the business transfer.

"Nokia Siemens Networks and Tieto have worked closely together for a long time, and Tieto is an important business partner to us. This business transfer will enable more flexibility and the support of a specialized company now also in the development of operator business support systems," stated Juhani Hintikka, head of Operations and Business Software, Nokia Siemens Networks.

"Collaboration in this new area will bring synergies to us, and the expertise from Nokia Siemens Networks will expand our know-how and broaden our global R&D service offering for operator business support. The agreement also strengthens out position as the leading expert in outsourcing of telecommunications R&D services," says Timo J. Aaltonen, Vice President, R&D Finland, Tieto.

The Finnish Competition Authority has approved the business transfer, which came into effect on February 1, 2009.