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Old 11-02-2008, 4:22 PM
webitpr webitpr is offline
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Nokia Siemens Networks completes acquisition of subscriber-centric network specialist

Nokia Siemens Networks completes acquisition of subscriber-centric network specialist Apertio
Nokia Siemens Networks today announced the completion of its acquisition for around €140 million of Apertio Ltd., the leading provider of open real-time subscriber data platforms and applications built specifically for mobile, fixed, and converged telecommunications operators.
Apertio provides a strategic platform in the next-generation architecture for Nokia Siemens Networks’ portfolio, strengthening its ability to help customers simplify their networks and manage their key asset – subscriber data. Nokia Siemens Networks can now build on its strong position in the converged core, adding Apertio’s market-leading products and services to strengthen its position in subscriber-centric networks.
“In the face of industry consolidation and the proliferation of end-user devices, the delivery of seamless and highly targeted services requires a unified approach to subscriber data,” said Jürgen Walter, head of Nokia Siemens Networks’ Converged Core business unit. ”Apertio stands head and shoulders above the competition in the provision of open, real-time subscriber data platforms and this deal enables us to provide unique value to our customers in this growing area.”
The acquisition builds on a pre-existing partnership: Nokia Siemens Networks had already integrated its Home Location Register and Home Subscriber Server products with Apertio’s open platform to deliver a powerful subscriber management solution that is in deployment with leading operators. Apertio will now form a new business line, headed by Apertio CEO, Paul Magelli, within Nokia Siemens Networks’ Converged Core business unit.
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