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Nokia Siemens To Buy Apertio

By , CRN
January 02, 2008    1:04 PM ET

Nokia Siemens Networks said on Wednesday it had agreed to buy Britain's Apertio for about $205 million and expects to close the deal in the first quarter of 2008.

Closely held Apertio, a provider of real-time subscriber data applications for telecom operators, employs 237 staff, NSN said in a statement.

Apertio would form a new business line within Nokia Siemens' Converged Core business unit, headed by current Apertio Chief Executive Paul Magelli, NSN said.

(Reporting by Sami Torma; editing by Sue Thomas)

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