.
MergerLinks Header Logo

New Deal


Announced

Completed

Jio Platforms-backed Radisys completed the acquisition of Mimosa Networks from Airspan for $60m.

Financials

Edit Data
Transaction Value£50m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

communications equipment

United States

Acquisition

Domestic

Private

Majority

Friendly

Telecommunications Equipment

Single Bidder

Completed

Synopsis

Edit

Jio Platforms-backed Radisys, an open telecom solutions and services provider, completed the acquisition of Mimosa Networks, a communications equipment company, from Airspan, a provider of groundbreaking, disruptive software, for $60m. “Over the years, our collaboration with Airspan has resulted in groundbreaking architectures for high-speed connectivity for both the end user and for backhaul applications. Acquisition of Mimosa will further accelerate Jio’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," Mathew Oommen, Jio President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US