When German communications giant Deutsche Telekom last year helped to launch a new investment firm, it opened an office in Menlo Park and put its former M&A chief in charge, Vicente Vento.
Vento's unit takes over the venture activity Deutsche Telekom had been doing since 1998 through T- Venture, but his new group is designed to be more independent.
- January 22, 2016Kumu Wireless investment Cisco, Verizon, DT and Swisscom invest $25 million in Kumu full-duplex tech
Cisco, Verizon Ventures, Deutsche Telekom Strategic Investments, and Swisscom all had a whip-round to raise $25 million and hand it over to Kumu to help it keep up the good work.
Kumu Networks’ full-duplex technology is a rare technological breakthrough that offers substantial benefit to a multitude of wireless modalities.