Nokia Siemens, Neusoft Enhance JV To Target 3G Opportunities

Date : 11/05/2009 @ 4:41AM
Source : Dow Jones News
Stock : Siemens AG (ADS) (SI)
Quote : 101.39  2.8 (2.84%) @ 8:00PM
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Nokia Siemens, Neusoft Enhance JV To Target 3G Opportunities

   DOW JONES NEWSWIRES 

Nokia Siemens Networks and Neusoft said Thursday they are enhancing their partnership to effectively address China's growing mobile applications market.

 
   MAIN FACTS: 

-The two companies will look to transform their existing joint venture, Nokia Siemens Networks Neusoft Commtech Company, into a powerhouse for the development, sale and delivery of software and services in the mobile data and applications field.

-The two companies will jointly address new and emerging market opportunities ranging from applications, security, service management, business support systems and customer relationship management, bundling their sales, development and delivery resources.

-The entity is based in Dalian and will be able to build on the current basis the two mother companies have in the China market.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com

 
 

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