What will BGH Capital do with the acquisition of Huawei’s PBX business?

Question

Chinese technology company Huawei announced plans to sell its majority of PBX business to the Australian private equity firm, BGH Capital, as part of its restructuring effort in order to be focused on the other businesses such as smartphones as of 2023.

Answer 1

BGH Capital will likely integrate Huawei's PBX business into their own operations and potentially expand and enhance the business in the market.