Business News

TietoEnator Corporation becomes Tieto Corporation

Thursday 30. April 2009 - TietoEnator Corporation's company name has been changed to Tieto Corporation (Tieto Oyj in Finnish and Tieto Abp in Swedish) as of 30 April 2009, and the company's new domicile is Helsinki, Finland.

These changes were decided by the Annual General Meeting on 26 March and the amendments to the company’s articles of association, sections 1 and 10, resolved by the Annual General Meeting, have now been entered in the Trade Register. The names of Tieto’s subsidiaries will be aligned accordingly. The company has used Tieto as a brand name already from December 2008.

The new name is part of Tieto’s new brand that was launched in December 2008 as a continuation to the company’s strategy renewal and changes in the operating model. Tieto aims to be the leading IT service company in Northern Europe with top-quality services in chosen markets and industry sectors. Tieto’s vision is to build leaders of the digital world and help its customers to achieve great results in their business through better service, higher productivity and new opportunities.

“The new name unifies the company. Throughout our 40-year history, Tieto has been part of the company name in one form or another. Now we have officially taken into use a simple name “Tieto” that is easy to remember and that is already familiar to most of our stakeholders in our main markets,” says President and CEO, Hannu Syrjälä.