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TPG and Silver Lake-Backed Avaya Spins Out Cloud-Based App Unit To Form Zang

by blogs.wsj.com posted 2years ago 4592 views
Avaya Inc., a telecommunications company backed by Silver Lake and TPG Capital, is pushing deeper into the cloud. Avaya, of Santa Clara, Calif., has spun off some of its cloud-based communications platform and application technologies into an independent subsidiary that will be known as Zang.