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General

SFR Developpement invests 40 mln in five years

Thursday 15 March 2012 | 10:37 CET | News
French operator SFR's start-up investment company, SFR Developpement, has invested EUR 40 million in 22 companies in its first five years of operation. The investment fund has focused so far on businesses involved in the internet, networks, TV or mobile content, POS and health. In the future it will notably concentrate on e-commerce and the cloud. SFR Developpement buys minority stakes of EUR 500,000 to EUR 4 million, in conjunction with other investors in most cases, and refinances existing partners. It has sold stakes in more mature start-ups, such as smartcard and terminal security company

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Categories: General
Companies: Backelite / G-Cluster / SFR / Trusted Logic / Wengo
Countries: France
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