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The transaction is expected to close in three to six months
Reliance Industries has entered into a definitive agreement to acquire 100% of Radisys Corporation through a wholly-owned subsidiary in US dollars . , depending on the current outstanding and the dilutive effect of the participations.
Radisys Corporation is a global leader in open telecom platform solutions incorporated in the state of Oregon, USA in March 1987. The company provides open-centric software, hardware and service capabilities that enable migration to next-generation network topologies.
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(This story was not edited by Business Standard staff and is generated automatically from a syndicated thread.)
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