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Nokia and Cisco to Form Strategic ATM Alliance
October 04, 1995
Nokia of Finland and Cisco Systems of the U.S. announced today that they will form a strategic alliance to develop ATM-based network products. These networking products will be jointly developed and combined with Nokia's and Cisco's other products to form corporate service network solutions. The solutions will be supplied to operators providing competitive services for the escalating information needs of corporations.
Deregulation is greatly increasing the number of public telecommunications operators and redefining their ways to compete. Operators in deregulated markets are focusing more and more on end-user needs, which requires vendors to provide service-oriented system solutions. The Nokia-Cisco strategic alliance will generate service-oriented system solutions based on ATM.
Companies to provide total voice and data solutions
Nokia, a leading system supplier in the new operator market, will bring its system supplier know-how and expertise in voice, transmission infrastructure and network management.
Cisco Systems, a market leader in switched internetworking (e.g. routers, LAN and ATM switches) will bring its expertise in data and corporate applications.
Corporate customers require efficient connectivity across the company, and residential customers require new data and video services. Both corporate and residential services will develop towards multimedia. The first goal of the Nokia-Cisco alliance is to enter the emerging new operator market with a corporate service solution during 1996.
"This cooperation answers the need for faster building of new competences, faster R&D cycles and the right timing of product launches. It gives both companies access to each other's areas of expertise - Cisco's expertise in data solutions and private network concepts, and Nokia's expertise in voice solutions and operator markets", states Mr Mikko Heikkonen, President for Nokia Telecommunications' Network and Access Systems Division.
"The alliance is first targeting the opening corporate service market, where new advanced voice and data services are required to meet the corporate customer's needs", said Mr Paul Lazay, Vice President and General Manager of Cisco Systems' ATM Business Unit in Billerica, MA, USA.
Product development cooperation will be supported by Nokia's new ATM product development unit in Boston, MA, USA.
Cisco Systems, Inc. is the leading global supplier of enterprise networks including routers, LAN and ATM switches, dial-up access servers and network management software. These products integrated by Cisco's Internetwork Operating Systems (Cisco IOS) software, link geographically dispersed LANs, WANs and IBM networks. Cisco is headquartered in San Jose, Calif., and in the U.S. is traded under the NASDAQ symbol CSCO.
Nokia is an international telecommunications and electronics group with net sales of USD 6.3 billion and has some 31,000 employees. The Group comprises three business groups: Nokia Telecommunications, Nokia Mobile Phones and Nokia General Communications Products. Nokia is a leading transmission supplier in Europe, and e.g., has been working with the UK cable TV telephony industry since 1989 offering its wealth of experience in the transmission, in addition to switching. Nokia's shares are traded on the Helsinki, New York, London, Paris, Frankfurt and Stockholm stock exchanges.
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