Telelogic (STO:TLOG) (Nordic Exchange/MidCap/TLOG), the leading provider of software solutions that align advanced systems and software development with business objectives, announced that it has signed a 1.6 MUSD 1-year licensing and maintenance agreement with one of the world’s leading providers of mobility products and solutions across broadband, embedded systems and wireless networks.
Under the agreement, the customer will continue its usage and expansion of Telelogic Tau for analysis, modeling, design, code generation and testing applications, Telelogic DOORS(R) for requirements management and analysis and Telelogic System Architect(R) for business process modeling.
“Our customers are continually seeking ways to do more with less. Telelogic’s solutions allow customers to build more robust applications with higher performance and at a lower cost,” said Anders Lidbeck President and CEO of Telelogic. “Orders such as this are continued affirmation that we are delivering the measurable results the communication industry wants.”
Telelogic(R) is a leading global provider of solutions for automating and supporting best practices across the enterprise – from powerful modeling of business processes and enterprise architectures to requirements-driven development of advanced systems and software. Telelogic’s solutions enable organizations to align product, systems, and software development lifecycles with business objectives and customer needs to dramatically improve quality and predictability, while significantly reducing time-to-market and overall costs.
To better enable our customers’ drive towards an automated lifecycle process, Telelogic supports an open architecture and the use of standardized languages. As an industry leader and technology visionary, Telelogic is actively involved in shaping the future of enterprise architecture, application lifecycle management, and customer needs management by participating in industry organizations such as INCOSE, OMG, The Open Group, Eclipse, ETSI, ITU-T, the TeleManagement Forum, and AUTOSAR.
Headquartered in Malmö, Sweden, with U.S. headquarters in Irvine, California, Telelogic has operations in 20 countries worldwide. Customers include Airbus, Alcatel, BAE SYSTEMS, BMW, Boeing, DaimlerChrysler, Deutsche Bank, Ericsson, General Electric, General Motors, Lockheed Martin, Motorola, NEC, Philips, Samsung, Siemens, Sprint, Thales, and Vodafone.