Reliance Industries Ltd.

Reliance Industries has informed that the company has today entered into a definitive agreement to acquire 100% of Radisys Corporation (NASDAQ: RSYS) through a wholly owned subsidiary set up in US for cash consideration aggregating to approximately $75 million equity value, based on current outstanding and dilutive equity share impact. RSYS is a global leader of open telecom platform solutions incorporated in the State of Oregon, USA in March 1987.

The above information is a part of company’s filings submitted to BSE.