Nordic Business Report-December 22, 2006-Telelogic AB signs USD4m agreement
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Swedish IT company Telelogic AB said on Friday (22 December) that it has signed a five-year licence, maintenance and service agreement worth USD4m.
The customer is an international electronics and systems group serving defence, aerospace and security markets.
The companys 30 development sites will gain access to core components of Telelogics solutions for Enterprise Lifecycle (ELM) such as Telelogic System Architect for business process modelling, Telelogic DOORS for requirements management and analysis and Telelogic Synergy for change and configuration management.
Telelogic, headquartered in Malmo, Sweden, is a systems and software development solutions provider with US headquarters in Irvine in California, and with operations in 20 countries. Telelogic is listed on the Nordic Exchange in Stockholm.
One British pound (GBP) is worth approximately 1.91 US dollars (USD).
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