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5 October 2017

MediaTek returns Spice Digital stake for loss

Spice Mobility will pay $5.25m for the 10.8% stake in mobile services provider Spice Digital acquired by fabless semiconductor provider MediaTek in 2011 for $20m.

Author: Sam McCaffrey, Reporter

India-based telecommunications company Spice Mobility is to acquire an additional 10.8% stake in mobile services subsidiary Spice Digital from fabless semiconductor producer MediaTek, VCCircle has reported.