Blackstone to acquire a majority stake in NetBrain.

Blackstone, an American multinational private equity firm, agreed to acquire a majority stake in NetBrain, a network automation and AI platform. Financial terms were not disclosed. "While NetBrain is already the market leader in network automation and AI and continues to grow rapidly, I’m thrilled to partner with Blackstone Growth to accelerate our next phase of expansion. Blackstone’s global reach, operational expertise, and deep commitment to innovation will be instrumental in helping us seize this once-in-a-lifetime opportunity to lead the AI transformation of network operations," Lingping Gao, NetBrain Founder and CEO.