NSN to Transfer Some Assets to Tieto

Tieto and Nokia Siemens Networks announced a deal 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. Financial terms were not disclosed.
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