Intel Capital halves stake in Subex Systems

Posted on | February 5, 2005 |

Business Standard story on Bangalore based Subex Systems. The company makes fraud management and revenue maximisation software products for telecom service providers.

Intel Capital has drastically reduced its holding in Subex Systems by more than 50 per cent since November last year. Intel Capital’s holding as on February 4, 2005 stands at 4.073 per cent against 10.36 per cent at the end of second quarter ended September 2004.

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