Koch Industries completed a $500m investment in Mavenir.

Koch Industries, an American multinational corporation involved in the manufacturing, refining, and distribution of petroleum, chemicals, energy, and fiber, completed a $500m investment in Mavenir, a provider of software-based networking solutions. Siris Capital Group, a private equity firm specializing in technology, will remain the majority shareholders. “We want to reduce the complexity of building a radio. Together with KSP and our service provider customers, we expect to bring innovation and 5G to revolutionize industries such as energy, industrial automation and health care," Pardeep Kohli, Mavenir CEO.