Airspan Networks Holdings and Radisys Corporation (“Radisys”), a Subsidiary of Jio Platforms Limited, Announce Signing of Definitive Agreements for Sale of Mimosa Networks, Inc. to Radisys
BOCA RATON, Fla.--(BUSINESS WIRE)--Today, Airspan Networks Holdings (NYSE American: MIMO) (“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 [...]