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New Tech Acquires Stake in Ethernity Networks
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New Tech Acquires Stake in Ethernity Networks

Ethernity Networks Ltd. (GB:ENET) has released an update.

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Ethernity Networks Ltd, a prominent provider of data processing technology for networking appliances, has had a significant stake acquired by New Technology Capital Group, with voting rights now ranging between 5% and 6% of Ethernity’s total issued share capital. The company specializes in semiconductor logic for telco/cloud network acceleration, offering adaptable solutions for the evolving demands of 5G, edge computing, and Broadband Networks.

For further insights into GB:ENET stock, check out TipRanks’ Stock Analysis page.

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