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02-09-10
Tieto and I-Teco create a data centre joint venture in Russia

Tieto Corporation and Russian leading IT service and consulting company I-Teco will establish a new joint venture company, TrustInfo, providing a full range of globally competitive infrastructure and cloud services in Russia. Tieto will own 70% of the shares in the new joint venture company and I-Teco 30%. The initial investment by only Tieto will be approximately EUR 20 million. The new company will start its operations after the transaction receives an approval from Federal Antimonopoly Service of the Russian Federation.  

The joint venture will be based in the existing I-Teco's data centre. The data centre is a brand new, fully operational facility with highest technology, quality, security and processes. It is already serving both Russian and foreign enterprises operating in Russia. At the same time, Tieto will upgrade the data centre with its operations management services and newest technology to enable flexible IT infrastructure services delivery.

Tieto's operations management services in Russia will include server operations, capacity services, connectivity and security services, Unified Communication & Collaboration, as well as applications management, consolidation and optimization capabilities.

The joint venture will be a part of Tieto's cloud services network also including St. Petersburg, Helsinki, Stockholm, Oslo and Copenhagen. Moscow Data Centre has a ready IT infrastructure environment with experienced IT professionals, which gives possibility to serve customers immediately. With Tieto's global operations, the new joint venture company will also give Russian customers access to Tieto's and I-Teco's  technology partners such as Microsoft, Cisco and EMC.

"Tieto has been active in the Russian market for more than ten years. In the last couple of years we have significantly accelerated our investments in Russia in order to serve better the rapidly expanding needs of both Russian enterprises and foreign companies operating in Russia. We are now taking our next step in this journey, and are very excited to announce our new joint venture with I-Teco. This joint venture will have one of the most modern data centres in Russia. We believe that this investment together with Tieto's world class know-how of global IT industry will benefit many of our current and future customers", says Hannu Syrjälä, President and CEO, Tieto Corporation

"We are very confident that the Russian enterprises are accelerating their efforts to increase productivity and focus on their core business. Tieto's knowledge about strategic outsourcing and infrastructure services has been rewarded here with several already ongoing projects. In this new facility, we have space up to 16 000 servers which is tempting even for the most demanding big companies. We believe that this data centre investment gives us an excellent possibility to take important role in the Russian IT services market", says Pekka Viljakainen, Executive Vice president and Head of Tieto International.

 "The main target for us when establishing a joint venture with Tieto is achieving synergy of joining experience with the leading European IT outsourcing partner that provides high quality services for international and Russian customers. Our experience will be especially relevant in cases that require special licensing and geographically distributed projects. The joint venture's customers will have access to innovative, high-quality services such as capacity-on-demand, secure cloud computing, Software as a service, and many other innovative solutions", says Alexey Remizov, Chairman of the Board, I-Teco.

Company Profile: Tieto
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