On July 1st GIMV together with the management team bought all assets related to the OTN business unit of Nokia Siemens Networks. A new company OTN Systems was born …. GIMV indeed builds (new) companies !
OTN Systems is active in the field of industrial networks. They design, develop and market a unique range of Open Transport Network solutions for specific market segments such as : metro & light rail systems, mines, utilities, oil & gas, railways, airports and large industrial plants. The solutions are based on the latest fiber optical technology and offer a very reliable, open and easy-to-use system.
Carving out such a business from a multinational was certainly not the easiest transaction I have done in my 12 year career within GIMV but it was very rewarding to see the enthusiasm of the OTN people to start their own business after a long stay within Siemens (and a short one with) NSN.
Currently the company employs around 80 people. We want to get to 100 people before year-end. We are recruiting in R&D, S&M and support staff, so if you are interested to join this new venture go to www.otnsystems.com/jobs or get back to me !
Hope to see – hear you soon.
Bart Diels
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