Jio’s Radisys to buy Mimosa for $60 mn to bolster 5G, broadband services.
Jio Platforms, a subsidiary of Indian conglomerate Reliance Industries Ltd, has announced its intention.
The acquisition is aimed at bolstering Jio’s expanding 5G and broadband services.
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The deal is between Radisys Corp, a unit of Jio Platforms, and US-based Airspan Networks Holdings, which owns Mimosa.
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