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UNQUOTE
  • Nordics

IBM and Ledstiernan enter into alliance

  • 01 November 2001
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IBM and Ledstiernan have signed a Technical Alliance Agreement that makes IBM a preferred solution provider for Ledstiernan’s portfolio companies. Under the terms of the agreement, Ledstiernan’s portfolio companies will gain access to IBM’s technology and experience in the development and implementation of technically advanced mobile solutions. They will be given opportunities for exposure to IBM’s customers and will gain access to IBM’s global contact network and its marketing channels.

Johan Wachtmeister, president of Ledstiernan, comments: “IBM is a prominent industrial player with long experience of IT and mobile technology. As a partner with valuable experience and a network of contacts, IBM can generate added value for us and our portfolio companies in our relations with our existing and prospective customers and partners.â€

The agreement has already resulted in several of Ledstiernan’s portfolio companies entering into business arrangements with IBM. An example is Ambio, which is collaborating with IBM, AU-System and other suppliers, to develop the Focuz system, Ambio’s mobile solution for property companies.

Torbjörn Chami, Nordic region manager at IBM Net Generation, comments: “The alliance with Ledstiernan fits in with our global strategy, which involves selecting a small number of venture capital companies in the Nordic region as a means of gaining access to new, creative technologies and solutions that can strengthen and extend IBM’s product offering. Together with Ledstiernan’s portfolio companies we can develop comprehensive solutions for existing and new customers and market segments.â€

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