0
General

Dutch state, KPN invest in Smart Photonics

Tuesday 30 June 2020 | 10:11 CET | News
The Dutch state has agreed to lend EUR 20 million to a financing package for the company Smart Photonics. The Brabant regional development company is providing in total EUR 35 million for the Eindhoven-based company through a special purpose vehicle in which KPN Ventures and other investors also are participating. According to local paper Finacieele Dagblad, the aim is to ensure the developer of photonic integrated circuits stays in the Netherlands and does not fall prey to a foreign takeover. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: KPN
Countries: Netherlands
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.