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Acquisition

Radisys announces acquisition of Mimosa

Radisys Corporation (Radisys), a wholly owned subsidiary of Jio Platforms Limited and a global leader of open telecom solutions, announced that it has completed the acquisition of Mimosa Networks, Inc. (Mimosa) from Airspan Networks Holdings Inc. Mimosa brings a diverse portfolio of point-to-point and point-to-multi-point connectivity products leveraging unlicensed spectrum bands. These products enable the rapid […]

Categories
Acquisition

Airspan Networks Holdings and Radisys announce signing of definitive agreements for sale of Mimosa Networks, Inc. to Radisys

Airspan Networks Holdings (Airspan) and Radisys Corporation (Radisys), a wholly owned subsidiary of Jio Platforms Limited (Jio), announced the sale of Mimosa Networks, Inc. (Mimosa) to Radisys for US$ 60 million on a debt free, cash free basis. Airspan acquired Mimosa in 2018 to target cost effective fixed wireless access network connections. Mimosa has a […]