Innovacom, France Telecom's venture capital subsidiary, has raised a new €200m ($174m) investment fund.

The fund, christened Innovacom 4, will be the fourth fund that France Telecom has raised. Like the other funds it will be dedicated to private equity investments in the technology, internet and telecom sectors.

France Telecom raises new private equity fund

Annemarie Quill

France Telecom

NTT DoCoMo

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Atos has received a non-binding offer from the French government to acquire its advanced computing activities for an enterprise value of around $521 million.

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Atos Shares Jump on French State Bid for Advanced Computing Business

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