Telelogic signs 3.6 million Euro Renewal Agreement with Leading Global Telecommunications Manufacturer
MALMÖ, Sweden and IRVINE, California – December 27, 2007 – Telelogic (Nordic Exchange/MidCap/TLOG) today announced that a leading global telecommunications manufacturer has signed a 3.6 million EUR license, maintenance and service agreement for core components of Telelogic’s solution for Enterprise Lifecycle Management (ELM)
The renewed agreement includes licenses for Telelogic Focal Point™ for product portfolio management, Telelogic DOORS® for requirements definition, analysis and management, Telelogic Synergy™ for enterprise change and configuration management, Telelogic System Architect® for enterprise architecture and business process modeling and Telelogic Tau® and Telelogic® Rhapsody for Model Driven Development™ (MDD™) of complex and embedded systems and software.
“The company required a truly integrated enterprise solution and selected Telelogic as the only provider capable of deliver against this requirement” said Anders Lidbeck, President and CEO of Telelogic, “The continued agreement further cements Telelogic’s position as the solution provider of choice for the communications industry”