Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd , will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said on Thursday.

Reuters

United Kingdom

Reliance Jio to buy U.S.-based Mimosa Networks for $60 mln

Under the arrangement, Mimosas product development, manufacturing, and sales teams of 56 employees will continue with Mimosa following the acquisition by Radisys, the filing said.

Media Bias/Fact Check

Times of India

India

Reliance Jio arm buys Mimosa Networks for USD 60 million on debt, cash free basis

Ad Fontes Media

All Sides

The Woodbridge Company

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

Hindustan Times

HT Media

New Delhi

Delhi Division

Delhi

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

BENGALURU :Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said on Thursday.The deal is between Radisys Corp, a unit of Jio Platforms, and US-based Air

Channel News Asia

Government of Singapore

Singapore

Reliance Jio to buy US-based Mimosa Networks for $60 million

Jio Platforms will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said.

Indian Express

Viveck Goenka

BENGALURU -- Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said on Thursday.

Financial Post

Leon Cooperman

Allianz

Canada

Radisys, a wholly owned subsidiary of Jio, has made the deal with Airspan, which acquired Mimosa in 2018.

ABP News

ABP Group

Jio US Subsidiary To Buy Mimosa To Expand 5G, Broadband Services

Radisys Corp is a unit of Reliance Industries Ltd owned Jio Platforms

Live Mint

BENGALURU (Reuters) -Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said on Thursday. The

Herring Networks

San Diego

San Diego County

California

United States

Reliance Jio to buy U.S.-based Mimosa Networks for $60 million

Reliance Jio Infocomm USA Inc, a wholly owned step-down subsidiary of Jio, is a shareholder of Airspan and maintains a seat on its Board of Directors. PJT Partners acted as financial advisor to Airspan. Cravath, Swaine & Moore LLP and Dorsey & Whitney LLP acted as legal advisors to Airspan.   Jio Buys US-Based Mimosa Networks for USD 60 Million to Boost 5G Telecom and Broadband Services.

Reliance Jio to buy U.S.-based Mimosa Networks for $60 mln

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