Imagine Communications Group has acquired the Irish operations of Clearwire.
Imagine Communications Group, a communications company a quarter owned by Ireland-based conglomerate NTR and Kilsaran Concrete, has acquired the local operations of Clearwire.
Clearwire, in which Intel Capital, the corporate venturing division of semiconductor maker Intel, invested $600m in 2006, will take a minority stake in Imagine and the right to nominate a board member.
Clearwire, a US-based mobile broadband service provider, has gained $1.3bn since 2003, more venture funding than any other company according to news provider…