Saske Takes on Nokia Unit

Transfer of Nokia's adaptation software R&D entity to Sasken Communication Technologies completed

June 2, 2008

1 Min Read

ESPOO, Finland and BANGALORE, India -- Nokia and Sasken Communication Technologies today announced that the transfer of Nokia's Adaptation Software R&D operations in Bochum, Germany has been completed. With this transfer Sasken Communication Technologies assumes full ownership of the software R&D entity, effective May 31st, 2008. The transaction will enable continuance of the employment for 35 employees of the software R&D entity in Bochum.

"Nokia and Sasken have been successfully cooperating over the recent years and with this new set up we are further widening the long-term collaboration between Nokia and Sasken", said Heikki Heinaro, Vice President, Adaptation Software, Nokia.

Nokia Corp. (NYSE: NOK)

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