Tieto and Nokia Siemens Networks have signed an agreement on the planned outsourcing of part of the maintenance, technical support and R&D for Nokia Siemens Networks' mobile network Operations Support System (OSS) and Subscriber Data Management (SDM) activities in Finland. As part of the planned outsourcing, approximately 240 employees who are working primarily in R&D in Tampere and Espoo will also transfer to Tieto as existing employees. The planned transaction will strengthen Tieto's position as an outsourcing provider of both R&D and IT services.
"Nokia Siemens Networks and Tieto have been partners for a long time. This planned outsourcing is in line with our global strategy announced in November of focusing on the core areas of business and increasing efficiency. Our aim with this planned transaction is to enhance the flexibility and efficiency of our operations and further deepen cooperation with Tieto on network management systems. This cooperation will also present the employees transferring to Tieto with new career opportunities as part of a leading IT service company," says Pekka Soini, Finland Country Director at Nokia Siemens Networks.
"The Nokia Siemens Networks employees that are transferring to Tieto are experts whose experience in a distributed and agile R&D, software architecture and project management strengthens our R&D competence even further. Their knowledge and expertise are an asset which can be utilized within the whole Tieto. In addition, their expertise in network management will further expand our industry knowledge of the telecom sector, creating new business opportunities for us. We are happy to engage ourselves in a closer cooperation in this important area," says Ari Vanhanen, Executive Vice President, Product Engineering Solutions.
The planned outsourcing is subject to approval by the Finnish Competition Authority. It is expected to be completed at the beginning of April 2012.
For further information, please contact:
Ari Vanhanen, Executive Vice President, Product Engineering Solutions, tel. +358 (0)500 432830, ari.vanhanen(at)tieto.com
Riitta Mård, Communications Manager, Nokia Siemens Networks, tel. +358 (0)50 5149718, riitta.mard(at)nsn.com
TIETO CORPORATION
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Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com
Nokia Siemens Networks is the world's specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world's most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly.
With headquarters in Espoo, Finland, we operate in over 150 countries and had net sales of over 14 billion euros in 2011. http://www.nokiasiemensnetworks.com
© 2012 GlobeNewswire
