“Reliance Industries (RIL) will acquire Nasdaq-listed telecom solutions provider Radisys Corp. for about $75 million (Rs 510 crore ) in cash, for a further push into Internet of Things (IoT) and 5G through its telecom arm, Reliance Jio Infocomm,” reported The Economic Times.

AZB & Partners advised Reliance Industries Limited led by a team of partners Ashwath Rau and Kashish Bhatia and lawyers Armaan Patkar.

2018-06-30

Deal value: Rs 515 crore ($75m)

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