Radisys Acquires Mimosa To Accelerate Availability Of Broadband Access For Advancing Societies
Aug 11, 2023•over 2 years ago
Acquiring Company
Radisys
Acquired Company
Mimosa
VoipHardwareInformation TechnologySoftware
Description
Radisys® Corporation ("Radisys”), a wholly owned subsidiary of Jio Platforms Limited and a global leader of open telecom solutions, today announced that it has completed the acquisition of Mimosa Networks, Inc. (“Mimosa”) from Airspan Networks Holdings Inc. (NYSE American: MIMO).
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed