RIL to acquire Radisys for $74 mn to accelerate Jio’s 5G, IoT push

Reliance Industries has signed an agreement to acquire US-based open telecom solutions provider Radisys, according to a statement. The cash acquisition is aimed at cementing Jio’s position in futuristic areas such as 5G and Internet of Things (IoT). Sources familiar with the development said that the deal involves a valuation of roughly $74 million, and […]