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

Published on: Mar 9, 2023, 10:45:22 IST

Reuters

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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.