M&A Deal Summary

Reliance Industries Acquires Radisys

On June 29, 2018, Reliance Industries acquired information technology company Radisys

Acquisition Highlights
  • This is Reliance Industries’ 1st transaction in the Information Technology sector.
  • This is Reliance Industries’ 1st transaction in the United States.
  • This is Reliance Industries’ 1st transaction in Oregon.

M&A Deal Summary
Date 2018-06-29
Target Radisys
Sector Information Technology
Buyer(s) Reliance Industries
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)
Baker & McKenzie (Legal)

Target

Radisys

Hillsboro, Oregon, United States
Radisys Corp. is a provider of wireless infrastructure solutions for the telecom, aerospace, and defense markets. Radisys was founded in 1987 and is based in Hillsboro, Oregon.

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Buyer(S) 1

Buyer

Reliance Industries

Mumbai, India
Category Company
Founded 1973
Sector Energy Services and Equipment
Employees236,334
Revenue 9.01T INR (2024)
DESCRIPTION

Reliance Industries, is a private sector enterprise, with businesses in the energy and materials value chain. The Group's activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail, infotel and special economic zones. Reliance Industries was founded in 1973 and is based in Mumbai, India.

DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-13 Genesis Luxury Fashion Pvt.

Gurgaon, India

Genesis Luxury Fashion Pvt. Ltd. is a distributor of high-end fashion brands in India and represents/partners with leading global trends such as Armani, Bottega Veneta, Cavalli, Jimmy Choo, Michael Kors, etc for India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-23 Hathway Cable & Datacom

Mumbai, India

Hathway Cable & Datacom is a cable broadband service provider. Hathway Cable & Datacom was founded in 1959 and is based in Mumbai, India.

Buy -
Mergr

Product

Company

Legal