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Nokia Siemens Invests in OpenCloud
By Bob Emmerson, TMC European Editor
Nokia Siemens Networks (NSN) and OpenCloud (News - Alert), a vendor of real-time application servers and service broker systems, have entered into an agreement whereby NSN will lead OpenCloud’s latest investment round. Additionally, the existing OEM relationship has been strengthened, allowing Open Cloud’s technology to be integrated into NSN’s charge@once unified suite. The partnership therefore strengthens the NEP’s footprint in charging and service delivery platforms markets.
The two companies have worked together for two years and this resulted in numerous customer wins. In June, NSN announced a contract with Vodafone in Portugal, which leverages OpenCloud's technology.
Jeff Gordon (News - Alert), CEO, OpenCloud said, “The investment will be used to accelerate our portfolio development to support the fast growth of the service delivery platform market, while leveraging NSN’s global customer reach and expertise.”
Rick Centeno, head of Charging, Billing and Care at Nokia Siemens Networks (News - Alert) also noted, “This investment will allow Nokia Siemens Networks to address the considerable converged charging and service delivery platform opportunities. We will be able to better provide our customers with an integrated offering to fit their end-to-end needs around service development, delivery, control and charging”.
Bob Emmerson is TMC's (News - Alert) European Editor. To stay abreast of the latest news affecting the European market, check out Bob's columnist page.
Edited by Stefania Viscusi
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