TA, Argan to invest $500 mln in Atria Convergence

TA Associates and Argan have agreed to invest $500 million in Atria Convergence Technologies Pvt. Ltd. Atria shareholders, including The India Value Fund III, will sell a portion of their holdings. Bangalore, India-based Atria provides high-speed broadband services in India. Argan is controlled by Indium V.

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