Cerberus
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IoT Connectivity as a Service provider KORE has posted $55.3 million in revenue in its first quarter of operations.
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Cerberus Capital Management's second blank cheque company targeting the ICT industry, is looking to raise US$500 million in its IPO.
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A special purpose acquisition company (SPAC) formed by Cerberus Capital Management has filed IPO paperwork with the US Security and Exchange Commission (SEC).
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TE SubCom, the subsea cable division of TE Connectivity, is to be acquired by an affiliate of Cerberus Capital Management (Cerberus) for $325 million in cash.