Ethernity Networks Ltd. (GB:ENET) has released an update.
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Ethernity Networks Ltd., a leader in data processing semiconductor technology for network appliances, has announced that New Technology Capital Group, LLC now holds between 16% to 17% of the company’s total issued share capital. This development could signal a significant interest by New Tech in Ethernity’s comprehensive networking and security solutions, which are pivotal for the acceleration of telecom and cloud networks, including the deployment of 5G, edge computing, and broadband networks.
For further insights into GB:ENET stock, check out TipRanks’ Stock Analysis page.
