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Infinity Venture Capital to sell stake in Teledata Networks

Infinity Venture Capital Fund, an Israel-based venture capital fund, has entered into an agreement to sell its stake in Teledata Networks, a Netherlands-based provider of access network solutions and products for telecom service providers, to Enablence Technologies.

Elron Electronic Industries and Kardan Israel are also selling their stake in Teledata Networks.

Paradigm Capital is acting as financial adviser to Enablence Technologies on the transaction.

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