Aramco Digital Eyes Mavenir Stake
This is a U.S. news story, published by Yahoo Finance, that relates primarily to Mavenir news.
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Saudi AramcoReuters
•Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say
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 .
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