Question
Jio Platforms, owned by Reliance Industries Ltd, will
buy communications equipment maker Mimosa Networks for _____ to bolster its expanding 5G and broadband services.Solution
Jio Platforms, owned by Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services.The deal is between Radisys Corp, a unit of Jio Platforms, and US-based Airspan Networks Holdings, which owns Mimosa.
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