Reliance announces completion of Radisys-Mimosa acquisition, aims to boost Jio’s 5G rollout
Reliance Industries-owned Jio Platform has successfully completed the acquisition of Mimosa Networks, a US-based communications equipment maker, for $60 million. This acquisition was made through Radisys Corporation, a wholly owned subsidiary of Jio Platform. The completion of the acquisition was announced through a statement. The purpose of this acquisition is to enhance Jio Platforms’ 5G …