Zee Entertainment Enterprises (ZEEL) plans to acquire 80 percent stake in technology startup Margo Networks for 75 crore. The investment by Zee values Margo at 95 crore.Margo has developed a technology to set up server and compute infrastructure which will enable content consumption and has the potential to significantly drive up the digital content consumption. Considering the strong synergies of the technology developed by Margo with the current business of the company, the board of directors of the company has approved acquisition of equity stake in Margo. Margo is in the first year of its operation and the paid up equity capital stands at 1 lakh. The investment by ZEEL is expected to be concluded soon.