The computer networking company is reported to be seeking an imminent exit from an undisclosed investments, just two weeks after it exited Netmagic
Computer networking and equipment corporation Cisco is planning an exit from another of its India-based portfolio companies in the next quarter following the sale of its stake in Netmagic last week, according to Indian newspaper Business Standard on Monday.
Cisco exited India-based data centre company Netmagic to Japan-based telecommunications conglomerate NTT, which bought up stakes owned by Nokia Growth Partners, Nexus Venture Partners and Fidelity International at the same time, giving it a 74% stake in Netmagic.
Companies in India…
