Nokia Siemens Networks [NSN.UL] said on Monday it had transferred some research and development testing assets and a staff of 70 in Munich and Espoo, Finland, to SGS AG.

It did not disclose financial details of the deal.

"The business and asset transaction is part of Nokia Siemens Networks' strategy to focus further on our core competencies," said Stephan Scholz, Chief Technology Officer at Nokia Siemens Networks.

"Furthermore, we intend to establish a long-term business partnership with SGS for testing activities," he said.

Source:Reuters