Australia's Potentia backs telecoms technology player
Australia’s Potentia Capital has paid AUD 66.3m (USD 44.9m) for a 25% stake in Soprano Design, a local mobile messaging technology provider that counts Telstra and AT&T as its carrier partners.
Potentia is acquiring its position from Sydney-listed radio and digital media company HT&E, which described the deal pricing as attractive in light of recent weakness in technology markets, including the...
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