SGS and Nokia Siemens Networks conclude a business and asset transaction in Germany and Finland

The transaction includes assets and around 70 employees of Nokia Siemens Networks

Geneva, Switzerland / Espoo, Finland / Munich, Germany, (PresseBox) - On June 1, 2008 Nokia Siemens Networks concluded a business and asset transaction with SGS - the leading inspection, verification, testing and certification company. Nokia Siemens Networks transfers assets and personnel previously working on testing activities of the Research and Technology Platform business in the locations in Munich (Centre of Quality Engineering, Germany) with around 60 employees and Espoo (Finland) with around 10 employees. The transaction with SGS also includes assets related to the testing activities.

"The business and asset transaction is part of Nokia Siemens Networks' strategy to focus further on our core competencies", says Stephan Scholz, CTO at Nokia Siemens Networks. "Furthermore, we intend to establish a long term business partnership with SGS for testing activities."

The transaction will support SGS in creating a strong technical center of excellence in Germany and significantly strengthen SGS in Finland. "With the transaction SGS intends to reinforce its testing network in Europe", says Chris Kirk CEO of SGS, "and allows us to position ourselves in the field of testing for telecommunication devices."

About SGS
The SGS Group is the global leader and innovator in inspection, verification, testing and certification services. Founded in 1878, SGS is recognised as the global benchmark in quality and integrity.
With more than 50,000 employees, SGS operates a network of over 1,000 offices and laboratories around the world. The company is headquartered in Geneva, Switzerland.

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.

I want to subscribe to the gratis press mail and have read and accepted the conditions.