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Intel gets further 5.67% stake in Subex

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CIOL Bureau
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MUMBAI: Intel Corp.'s venture capital arm has acquired a 5.67 percent stake in mid-sized Indian software services firm Subex Systems Ltd., taking Intel Capital Corp.'s total holding to 10.73 percent, the National Stock Exchange (NSE) said on Wednesday.

It said the mode of acquisition was conversion of preference shares.

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