Deals
Koch Said to Invest $500 Million in Software Maker Mavenir
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Koch Strategic Platforms has agreed to acquire a minority stake in Mavenir Systems Inc., a software maker used by communication service providers.
Affiliates of private equity firm Siris Capital Group will remain majority shareholders after Koch’s investment, according to an announcement Wednesday, that confirmed an earlier Bloomberg News report. Koch’s investment is worth $500 million, according to people with knowledge of the matter, who asked to not be identified because the terms of the investment aren’t public.