2023-03-09

Reliance Jio's Radisys to acquire Mimosa Networks for $60 million

By Swarnali Saha
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Radisys Corp, a unit of Reliance Industries Ltd owned Jio Platforms, will buy Mimosa Networks from U.S.-based IT services company Airspan Networks Holdings Inc for $60 million on a debt-free, cash-free basis, the companies said on Thursday.

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