Investors

Xena Networks Fuels Expansion with Co-Investor

Award-winning Scandinavian Ethernet test solutions vendor inks investment agreement with Maj Invest Holding A/S to accelerate international expansion.

In April 2016, Xena signed an investment agreement with Maj Invest Holding A/S as part of a long-term global expansion plan. Maj Invest Holding A/S provided growth capital and became a minority investor in Xena Networks.

Jacob Vestergaard Nielsen, CEO and founder of Xena Networks:

“The agreement with Maj Invest Holding A/S is an important step towards this goal and will enable Xena to expand its product development capabilities and rapidly boost its sales presence in strategic regions.”

Read the full press release here.