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OverviewAPI
Calvin Ayre's Ayre Group acquired a majority stake in nChain, a global leader in blockchain and Web3 technology, in a $570 million deal. Nile, co-founded by former Cisco Systems executives John Chambers and Pankaj Patel, raised $175 million in a Series C funding round, aiming to disrupt the networking industry with network-as-a-service solutions. Nile plans to expand its sales and marketing team and target mid-sized enterprises.

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