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Reuters

Reuters

Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say

Reuters
Summary
Nutrition label

80% Informative

Saudi Aramco's digital arm is in talks to take a significant minority stake in Mavenir , sources say.

The deal is likely to value the U.S. telecommunications software maker at about $3 billion .

Aramco Digital is the wholly-owned technology subsidiary of the oil giant.

The telecom equipment industry has long been dominated by vendors such as Ericsson .

VR Score

90

Informative language

95

Neutral language

72

Article tone

formal

Language

English

Language complexity

68

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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