Nokia Siemens Networks invests in OpenCloud

Nokia Siemens Networks and OpenCloud have entered into an agreement where Nokia Siemens Networks will lead OpenCloud's latest investment round. Additionally, the existing OEM relationship is strengthened, allowing Open Cloud's technology to be integrated into Nokia Siemens Networks' charge once unified suite — the highly scalable, flexible and modular convergent charging and billing solution.

The joint offering enables service providers to converge existing telecom assets and new IP capabilities to deliver next-generation services , extend existing and new services to the entire subscriber base — whether postpaid or prepaid, fixed or mobile , combine existing services and new rich content and applications into attractive bundles , monetize services through real-time charging mechanisms , accelerate the time-to-market for new services and expose telecom and IP assets and services to application developers.