Nokia Siemens Networks has sold its optical networks business unit to US-based Marlin Equity Partners, in a deal likely to close in the first quarter of 2013.
Nokia Networks has agreed to sell its optical networks business to Marlin as part of a cost reducing plan. The strategic focus of Nokia Oyj's (NOK1V) and Siemens AG's (SIE) phone-equipment venture will...
Palero Capital has sold Heidrive to US drive technology company Allied Motion
Exit comes almost eight years after both GPs bought a joint 40% stake in the business
Fundraising partner Johansen leaves one week after CEO Tim Jones unexpectedly stepped down from his role
Both GPs are understood to have secured a joint controlling stake in the dubbing specialist