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Thursday, 9 March 2023

Jio Platforms’ Radisys to acquire Mimosa Networks for $60M

Reliance Jio Platforms today announced that its subsidiary Radisys Corporation will acquire Mimosa Networks from U.S.-based IT services company Airspan Networks Holdings for US$ 60 million (Rs. 491 crore approx.) on a debt free, cash free basis. Airspan acquired Mimosa in 2018 to target cost-effective fixed wireless access network connections. Mimosa has a diverse portfolio … Continue reading "Jio Platforms’ Radisys to acquire Mimosa Networks for $60M"

The post Jio Platforms’ Radisys to acquire Mimosa Networks for $60M first appeared on Fone Arena.