Printer Friendly

Radisys announces new closing date for by Reliance Industries acquisition.

INTERNET BUSINESS NEWS-(C)1995-2018 M2 COMMUNICATIONS

Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, has announced that, at the request of Reliance Industries (RIL), Radisys and RIL have agreed to extend the closing date to a date no later than December 14, 2018 and the parties continue to work to close the transaction as promptly as practicable on or before that date, the company said.

In connection therewith, RIL also acknowledged that Radisys has satisfied all conditions to RIL's obligations to close the transaction.

Radisys, a global provider of open telecom solutions, enables service providers to drive disruption with new open architecture business models. Radisys' innovative disaggregated and virtualized enabling technology solutions leverage open reference architectures and standards, combined with open software and hardware to power business transformation for the telecom industry, while its world-class services organization delivers systems integration expertise necessary to solve communications and content providers' complex deployment challenges. For more information, visit www.Radisys.com.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2018 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Internet Business News
Date:Dec 14, 2018
Words:173
Previous Article:Twilio names regional vice president of EMEA sales.
Next Article:Nevada, Las Vegas, NTT agree to accelerate smart city.
Topics:

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters