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ITNewspapersThe Economic Times

Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir

CS Mathew
By CS MathewNovember 25, 2024

NEW YORK: Saudi Aramco’s digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value the U.S. telecommunications software maker at about $3 billion, people familiar with the matter told Reuters on Friday.

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