Nokia Siemens Networks invests in OpenCloud

Espoo, Finland - The partnership strengthens Nokia Siemens Networks’ footprint in the Charging and Service Delivery Platforms markets

Nokia Siemens Networks and OpenCloud, a leading provider of real-time Application Servers and Service Broker systems, have entered into an agreement where Nokia Siemens Networks will lead OpenCloud’s latest investment round. Additionally, the existing OEM relationship is strengthened, allowing Open Cloud’s technology to be integrated into Nokia Siemens Networks’ charge@once unified suite – the highly scalable, flexible and modular convergent charging and billing solution.

The joint offering enables service providers to:

* Converge existing telecom assets and new IP capabilities to deliver next-generation services
* Extend existing and new services to the entire subscriber base – whether postpaid or prepaid, fixed or mobile
* Combine existing services and new rich content and applications into attractive bundles
* Monetize services through real-time charging mechanisms
* Accelerate the time-to-market for new services
* Expose telecom and IP assets and services to application developers

Nokia Siemens Networks and OpenCloud have successfully worked together over the last two years, resulting in numerous customer wins around the globe. Most recently, in June this year, Nokia Siemens Networks announced a contract with Vodafone in Portugal, which leverages OpenCloud’s Service Broker technology to reduce the time and cost of launching new services.

“Having successfully worked together with Nokia Siemens Networks, we are pleased to bring our partnership to a strategic level,” says Jeff Gordon, CEO, OpenCloud. “The investment will be used to accelerate our portfolio development to support the fast growth of the Service Delivery Platform market, while leveraging Nokia Siemens Networks’ global customer reach, expertise and delivery capabilities.”

“This investment will allow Nokia Siemens Networks to address the considerable Converged Charging and Service Delivery Platform opportunities in the market”, says Rick Centeno, head of Charging, Billing and Care, Nokia Siemens Networks. “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”.
About OpenCloud

OpenCloud, formed in 2000 is a privately funded company. It provides the telecommunications industry with a real-time Application Server for agile development, deployment and efficient management of person-to-person communications services across current and next generation network technology.

Headquartered in Cambridge, United Kingdom, OpenCloud has offices in New Zealand, Spain, Singapore and Jakarta. The company has received investment from its employees, shareholders and investors; No 8 Ventures, Advent Venture Partners and Motorola Inc.

OpenCloud also offers specialized consulting, implementation, training and 24/7 support services for over 30 customers worldwide.
About Nokia Siemens Networks

Nokia Siemens Networks is a leading global enabler of telecommunications services. With its focus on innovation and sustainability, the company provides a complete portfolio of mobile, fixed and converged network technology, as well as professional services including consultancy and systems integration, deployment, maintenance and managed services. It is one of the largest telecommunications hardware, software and professional services companies in the world. Operating in 150 countries, its headquarters are in Espoo, Finland. www.nokiasiemensnetworks.com

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