TITLE

Nokia Siemens Nabs Apertio for $205M

AUTHOR(S)
Medford, Cassimir
PUB. DATE
January 2008
SOURCE
Red Herring;1/2/2008, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of Apertio, a British maker of databases that consolidate mobile and wireline subscriber data on common servers, by Nokia Siemens Networks. The price-tag for five-year-old Apertio, which has taken about $40 million in investments from Deutsche Venture Capital and Motorola Ventures among others, demonstrates the growing demand among carriers for flexible subscriber databases. Apertio's customers are primarily Europe-based carriers such as Orange, T-Mobile, Vodafone and O2.
ACCESSION #
36961963

 

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