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- Technia signs agreements with global telecom suppliers for delivery of software valued at more than SEK 40 M
Technia signs agreements with global telecom suppliers for delivery of software valued at more than SEK 40 M
April 7, 2010 | Addnode press release
Addnode’s subsidiary Technia, has signed agreements valued at more than SEK 40 M with global telecom suppliers. The agreements have a duration of more than two years and comprise delivery of PLM software from Dassault Systèmes, with accompanying support and maintenance agreements. Of the total order value, approximately SEK 30 M pertains to the extension of existing agreements.
Technia’s customers are active in several sectors and customer projects were conducted in some 30 countries during the 2009 fiscal year. In the telecom sector, it has such customers as: Sony Ericsson Mobile Communication, Ericsson, Nera Networks, Nokia, Nokia Siemens Network, Proximion Fiber Systems and Telenor Cinclus.
“Long-term relations with leading telecom and electronics companies represent a key portion of Technia’s customer base. The agreements are a clear sign that we are maintaining a strong position in these market segments and demonstrate our leading position in the area of PLM,” says Ylva Berg, President of Technia and business area manager of Product Lifecycle Management.
“We are very proud that global companies with complex requirements are choosing to work with us. The agreements signed demonstrate the benefits of working closely with customers and the importance of understanding customer needs,” says Staffan Hanstorp, President and CEO, Addnode AB.
[The information in this press release is of the type that Addnode is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was issued for publication on March 30, 2010 at 8:00 a.m.]