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Nokia Siemens Networks and Wipro sign R&D partnership contract in Germany
October 11, 2007
MUNICH and BANGALORE, India -- Nokia Siemens Networks and Wipro Technologies, the global IT arm of Wipro Limited (NYSE:WIT), have agreed on the terms and conditions of a business transfer and asset sale of Nokia Siemens Networks radio access related R&D activities in Berlin.
All Radio Access R&D activities currently performed in Berlin are planned to be provided to Nokia Siemens Networks by Wipro Technologies in the future. As part of the partnership, 58 employees of Nokia Siemens Networks are planned to be fully integrated into the operations of Wipro Technologies. Through this agreement, Nokia Siemens Networks will leverage Wipro Technologies’ global expertise as one of the largest independent R&D services providers in the world.
“Wipro Technologies has been a valued partner of our parent companies Nokia and Siemens for many years. We have successfully cooperated with them on various development programs,” said Ari Lehtoranta, Head of the Radio Access Business Unit, Nokia Siemens Networks. “As regards the personnel transferring to Wipro Technologies, they will join a strong partner, where their competencies will be a natural fit. Our customers will see a strengthening of our capabilities to ensure high quality products.”
Nokia Networks
Wipro Ltd.
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