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

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

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.

Reliance Jio's Radisys to buy Mimosa Networks for $60 million (REUTERS)