Delta Partners, an investment firm in emerging markets, has become a shareholder in Aricent, Inc., a Palo Alto, CA-based global innovation, technology and services company focused on communications.
The undisclosed investment was executed through the Delta Partners MENA Telecom Fund, a private equity fund focused on investing in Technology, Media and Telecommunications companies.Ā
Aricent, which operates international offices in China, Finland, France, Germany, India, Italy, Japan, Korea, Mexico, South Africa, Sweden, Taiwan, Ukraine, United Arab Emirates, and the United Kingdom, is a strategic supplier to the world’s foremost infrastructure, application and service providers.
The capital infusion will enable the company to accelerate its client base, especially in the Middle East and African region, which currently represent some of the highest growth markets for telecommunications, media and technology in the world.
Delta Partners joins Aricent’s existing investors, which include Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office and The Canadian Pension Plan Investment Board.Ā
FinSMEsĀ
01/02/2010