France Telecom-Orange has announced that it is joining with global advertising group Publicis to jointly acquire a 49% stake in the European venture capital group Iris Capital Management. The French telco says the partnership will ‘create one of Europe’s premier venture capital investors in the digital economy’. Stephane Richard, chairman and CEO of France Telecom-Orange, said: ‘This joint initiative with Publicis Groupe and Iris is a pioneer in its field
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OVETEL FT-Orange invests in venture capital partnership
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