Nokia Siemens Networks Acquires Apertio

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.

With Apertio, Nokia Siemens Networks will be able to build on its strong position in the converged core, adding Apertio's market-leading products, services and employees to strengthen its position in subscriber centric networks.  The acquisition builds on a pre-existing partnership, Nokia Siemens Networks having 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.

Source: Nokia Siemens Networks announces the intended acquisition of Apertio - Apertio Press Release