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Tecnotree

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Tecnotree Corporation
Company typePublic
IndustryTelecommunications
Computer software
FoundedEspoo, Finland (1978)
Headquarters,
Finland
Area served
Worldwide
Key people
Ilkka Raiskinen, President and CEO , Padma Ravichander , MD India & Chief Delivery Officer
ProductsMessaging and charging solutions
RevenueIncrease €73.9M (2013)[1]
WebsiteTecnotree.com

Tecnotree Corporation (Nasdaq HelsinkiTEM1V) is a telecommunications company, which develops and supplies messaging and charging solutions for operators and service providers. The company was founded in 1978 and is headquartered in Espoo, Finland.[2]

In 2008, the company's net sales amounted to €77.2 million; operating result was €11.5 million.[1] During the year, Tecnomen bought the Indian telecommunications company Lifetree Convergence for $46 million. The name of the company was changed to Tecnomen Lifetree, which in 2010 was abbreviated to Tecnotree.[1][3]

Tecnotree's products are used by more than 60 operators in 13 countries. Notable partners include Siemens, Nokia, Nortel, and Accenture.[4]

Tecnotree has more than 1400 employees serving over 120 operators globally. Tecnotree is listed on the main list of NASDAQ OMX Helsinki Ltd. with the trading code TEM1V.

References