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Nokia Siemens Networks and TCS Sign R&D Services Deal

Posted on: Wednesday, 5 March 2008, 09:00 CST

Nokia Siemens Networks, a communications service provider based in Europe and Tata Consultancy Services, an Indian IT services, business solutions and outsourcing company, have signed a multi-million Euro agreement to transfer product engineering and R&D services as well as parts of the operations and business software business unit activities from Nokia Siemens Networks to TCS.

According to TCS, the reassigned parts belong to the Nokia Siemens Networks development center in Dusseldorf, Germany, including 90 employees who will be transferred to TCS as part of this engagement.

With this agreement Nokia Siemens Networks and TCS say that they will create a set-up whereby TCS will provide global R&D services to Nokia Siemens Networks. The transfer of R&D capabilities to business partners such as TCS is part of Nokia Siemens Networks' overall strategy to realize synergy savings.

Juhani Hintikka, head of the operations and business software unit, Nokia Siemens Networks. "For many years, Tata Consultancy Services has been a valuable partner to Nokia and Siemens, our parent companies. This deal provides the employees in Dusseldorf with a good opportunity to work with international teams in a global company."

N Chandrasekaran, COO and executive director of TCS, said: "The agreement with Nokia Siemens Networks reiterates TCS' capability to enhance customers' business by leveraging our superior R&D services and strong domain. As the R&D partner for Nokia Siemens Networks, TCS will share its approaches, global practices and standards to ensure excellence."

Source: Datamonitor

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