Espoo, Finland /Bristol, England – January 2, 2008

Nokia Siemens Networks today announced the intended acquisition of Apertio Ltd., the leading provider of open real-time subscriber data platforms and applications built specifically for mobile, fixed, and converged telecommunications operators. Nokia Siemens Networks will pay around €140 million for the acquisition, which is expected to close in the first quarter of 2008.

Apertio will provide the new generation architecture and open real-time subscriber data platform for Nokia Siemens Networks’ portfolio, strengthening the company’s ability to help customers simplify their networks and manage their key asset – subscriber data. Seventy-six percent of communication service providers view consolidation of customer data as a critical challenge in delivering on the opportunities of convergence.
(Full Press Release…)

Nokia Siemens Network - http://www.nokiasiemensnetworks.com/
Apertio - http://www.apertio.com/