Nokia, SAP, G&D start anti-counterfeiting joint venture
Finland's Nokia said Tuesday its product authentication and anti-counterfeiting joint venture with German-based SAP and Giesecke & Devrient (G&D) had been approved by antitrust authorities.
The joint enterprise, Original1, is headquartered in Frankfurt, Germany, and began operations Monday, Nokia said in a statement.
The new company aims to help businesses across the globe fight counterfeiting through a service that allows them to control their supply chains for unauthorized activities, according to Original1's website.
Plans to form Original1 were initially announced last October.
(c) 2010 AFP