Ambani to acquire telecom solutions firm Radisys for â¹510 cr
Mukesh Ambani-led Reliance Industries (RIL) has signed an agreement to acquire US-based telecom solutions provider Radisys Corporation for about $75 million (â¹513 crore) in cash. "This acquisition further accelerates Jio's global innovation and technology leadership in the areas of 5G, IOT and open source architecture adoption," Reliance Jio's director Akash Ambani said.