Deutsche Telekom wins SK Telecom backing for venture arm; 5G JV agreed
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BERLIN (Reuters) - Deutsche Telekom's venture capital arm said on Tuesday it was closing its second fund to new money after raising $350 million (274 million pounds) to invest in software service companies that are powering digital transformation.Corporate sponsors SK Telecom of Korea and German optics company Zeiss have joined Deutsche Telekom, HarbourVest, Neuberger Bermann and others in backing the fund, Deutsche Telekom Capital Partners (DTCP) said.SK Telecom's $30 million investment is part..